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Banking and Finance

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Nielsen recognized by AICPA for government career contribution

The American Institute of CPAs has presented Andy Nielsen of Ankeny with its 2019 Outstanding CPA in Government Career Contribution Award. Nielsen, who retired in December 2018 as Iowa’s deputy auditor, distinguished himself through his …

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Des Moines investment adviser Meline launches PrairieFire Wealth Planning

PrairieFire Wealth Planning, a Des Moines-based independent investment advisory team led by industry veteran Matt Meline, announced it will join Indianapolis-based Sanctuary Wealth. According to a news release from Sanctuary Wealth, PrairieFire is the seventh breakaway …

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NOTEBOOK: Credit Union League says GreenState purchase of bank branches will benefit members, state

Will the purchase of First American Bank’s branches by GreenState Credit Union benefit account holders and the state, or be detrimental? The leaders of the Iowa Bankers Association and the Iowa Credit Union League have …

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Survey: Over one-third of Iowa adults have less than $5,000 invested for retirement

Nearly half of Iowa adults feel that they are not adequately planning or financially prepared for their retirement, according to results of a statewide survey released Thursday by the Association for Financial Counseling and Planning …

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Dow drops 800 after bond market flashes a recession warning

CNN Business: The Dow fell 800 points today after the bond market, for the first time in over a decade, flashed a warning signal that has an eerily accurate track record for predicting recessions.

Here’s what …

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Dow rattled by recession fears

It’s been an up and down week for the stock market, with new signs of recession sending Dow futures reeling by as much as 410 points before today’s session started. 

Economists reacted to bond yields …

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Bank of America expands paid internship program to Iowa

Bank of America has expanded its Student Leaders program to Iowa, and this summer two high school students from Des Moines are participating. The students, North High School junior Ruth Bropleh and Joanna Espitia, a North High …

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Hays to lead Wells Fargo Advisors

Wells Fargo & Co. named Jim Hays president and head of St. Louis-based Wells Fargo Advisors, the St. Louis Post Dispatch reported. Hays, who succeeds David Kowach, reports to Jonathan Weiss, head of Wealth & Investment …

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A Closer Look: Matt Strawn

Matt Strawn knew how to take a gamble way before he took his new job as CEO of the Iowa Lottery, where he watches others bet and makes sure it’s all on the up and …

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Filling the gap

Bankers Trust has teamed with Drake University to offer a twist on Drake’s popular Leading Others leadership program tailored specifically to promising employees at the prominent Des Moines financial institution. 

Bankers Trust had sent an …