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Banking and Finance

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American Equity rejects Athene/MassMutual takeover bid, enters partnership with Brookfield

American Equity Investment Life Holding Co. on Sunday rejected a $3 billion takeover offer by Athene Holding Ltd. and MassMutual, and instead announced it reached a partnership with Brookfield Asset Management Inc., the Wall Street Journal …

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Principal launches needs assessment tool for small businesses

Principal Financial Group has launched a new digital platform designed to help business owners and leaders uncover planning needs to help protect the financial well-being of their business and prepare for the future. The Principal Business …

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Iowa credit unions provided millions in loans, relief during pandemic

The Iowa Credit Union League has released new data quantifying the economic impact that Iowa credit unions have generated during the COVID-19 pandemic. Since March, Iowa credit unions have provided millions of dollars in loans, …

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Zimmerman joins Two Rivers Bank & Trust as president and CEO

Two Rivers Bank & Trust announced that its board of directors has appointed Shane Zimmerman as the bank’s new president and CEO, effective Oct. 19. Zimmerman will succeed Matt Shinn, who departs after a 21-year career with …

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Beyond bootstrapping

It wasn’t long after Deshara Bohanna began taking her handmade wreaths door-to-door to sell in her north Ankeny neighborhood that she knew her ornately crafted designs resonated with eager customers. 

“The reception was so positive …

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Directors Council receives $50,000 grant to help with financial planning

The Directors Council has been awarded a $50,000 grant to help low- to moderate-income residents achieve financial stability. The grant, awarded in partnership with Leap Fund, will allow four Directors Council member nonprofits to integrate …

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Guest opinion: I just broke the biggest rule in branding

Submitted by Josh Fleming, vice president of marketing, Bank Iowa

Brand standards. Brand guidelines. Brand books. Marketers know these are gospel when it comes to building a brand. Once built, you simply don’t deviate from …

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American Equity names Graham Day to lead Eagle Life

American Equity Investment Life Holding Co., based in West Des Moines, announced that Graham Day will become president of Eagle Life Insurance Co., a subsidiary of American Equity. “We are excited to have Graham, a proven business …

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Principal names Halter as head of Global Asset Management

Principal Financial Group has promoted Pat Halter, currently chief executive officer and president of Principal Global Investors, to president of Principal Global Asset Management. In his new role, Halter will be responsible for strategy across the …

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Wells Fargo/Gallup Small Business Index shows rise for future expectations

The third-quarter Wells Fargo/Gallup Small Business Index indicates there is a continued spirit of forward-facing optimism among small business owners, despite persistent trials. The overall score of 60 was 12 points higher than last quarter, driven by …