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Banking and Finance

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July 16: CFA Society Iowa luncheon

Host: CFA Society Iowa
About: Wamsi Mohan of Bank of America will present on blockchain and its impact on consumers and financial institutions. This luncheon is open to CFA Society Iowa members and nonmembers. 
When: …
By BPC Staff | Jun 17, 2019
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NOTEBOOK – One Good Read: Is lazy thinking taking over markets?

“The value of a home always increases.” That certainty in thinking was one factor that helped lead to the blindness that was a major trigger of the Great Recession. Billionaire investor and Oaktree Capital Management …
By CHRIS CONETZKEY | Jun 14, 2019
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A midyear market checkup from Wells Fargo’s chief investment officer

Although growth will likely continue to slow this year, the U.S. economy is on track to attain the longest economic recovery since the late 1940s, as the current expansion extends past the 10-year mark in …
By JOE GARDYASZ | Jun 13, 2019
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A mid-year market checkup from Wells Fargo’s chief investment officer

Although growth will likely continue to slow this year, the U.S. economy is on track to attain the longest economic recovery since the late 1940s, as the current expansion extends past the 10-year mark in …
By JOE GARDYASZ | Jun 13, 2019
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Federal Home Loan Bank announces two new top executives

Joelyn Jensen-Marren and Bill Bemis have been named to top spots at the Federal Home Loan Bank of Des Moines. Jensen-Marren was named chief financial officer and Bemis chief capital markets officer, a new position. …
By BPC Staff | Jun 7, 2019
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SEC approves new rules governing advisor/broker conduct

Investment advisers and brokers will soon be faced with new federal disclosure and compliance requirements, but the changes disappointed consumer advocates and suggest more state regulatory action on fiduciary rules is likely, Financial Planning magazine reported. …
By BPC Staff | Jun 6, 2019
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Wells Fargo overhauls its corporate philanthropy strategy

Wells Fargo, the Des Moines area’s largest private employer, announced plans to overhaul its corporate philanthropy strategy to focus on housing affordability, small-business growth and the financial health of individuals. In an announcement released today, …
By BPC Staff | Jun 5, 2019
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Mochal joins Heartland Financial as CIO

Dennis Mochal recently joined Heartland Financial USA Inc. in Dubuque as executive vice president and chief information officer, the company announced. He has more than 30 years of information technology experience including infrastructure development, project/resource …
By BPC Staff | May 31, 2019
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IMT Insurance settles into new West Des Moines headquarters

Sean Kennedy and his leadership team at IMT Insurance spend a lot of their time driving rural roads each January as each of them personally delivers bonus checks to agents. This year, Kennedy traveled quite …
By JOE GARDYASZ | May 30, 2019
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Iowa bank loans up 5% in first quarter; deposits not keeping pace with loan demand

Iowa-chartered banks provided about $62.6 billion in total loans to Iowa businesses, farmers and consumers as of March 31, up 5.18% from the first quarter of 2018, according to results released by the Federal Deposit …
By BUSINESS RECORD STAFF | May 30, 2019