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 …
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 …
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 …
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 …
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 …
The Fed is expected to cut rates on Wednesday for the first time in more than a decade. This Wall Street Journal piece takes a look at why: “Federal Reserve Chairman Jerome Powell is leading his colleagues …
Corridor Business Journal: Iowa City-based MidWestOne Financial Group Inc. reported an improved second-quarter profit of $10.7 million Thursday and earnings of 72 cents per share. Earnings per share rose 7.5% from 67 cents in the second …
Principal Financial Group on Thursday reported second-quarter net income of $386.3 million, compared with $456.6 million for second quarter 2018. Net income per diluted share of $1.37 for second quarter 2019 compared with $1.58 in the prior-year …
West Des Moines-based FBL Financial Group Inc. announced that Kelli Eddy will join the company as chief operating officer – Life Companies in mid-August. She will succeed Ray Wasilewski, who plans to retire at the end of …
Reuters: Wells Fargo & Co. reported higher quarterly profit today despite flat revenue as the bank benefited from aggressive cost-cutting. Revenue declined at Wells’ community bank and wholesale bank as net interest income was squeezed by …
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