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Banking and Finance

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Des Moines market research CEO accepted into Forbes Finance Council

Sheryl Moore, president and CEO of annuity market research firm Wink Inc. in Des Moines, has been accepted into the Forbes Finance Council. The invitation-only council provides select executives in accounting, financial planning, wealth and asset management, and …

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West Bancorporation named a top public bank for fifth year in a row

For the fifth consecutive year, West Bancorporation Inc. has been named among the country’s top performing publicly traded banking operations with assets between $500 million and $10 billion. The West Des Moines-based parent of West …

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Forty Under 40 Alumnus of the Year: Jeff Russell

Each year, the Business Record honors a member of a previous Forty Under 40 class to recognize that person’s contributions since being named a Forty. This year, that alum is Jeff Russell, president and CEO …

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Goldman Sachs to close Cedar Rapids call center

Goldman Sachs today announced plans to close a Cedar Rapids call center, moving 40 jobs to Salt Lake City, reports the Cedar Rapids Gazette. The last day of operations for employees is April 13. The New …

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Massachusetts launches investigation of Wells Fargo Advisors

Wells Fargo’s wealth management business is facing a fresh investigation into whether clients were sold inappropriate investments and steered into high-cost advisory accounts, Financial Planning reported. On Thursday, Massachusetts Secretary of the Commonwealth William Galvin announced that …

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Lenders helped 2,300 people buy a home last year under IFA programs

Iowa Bankers Mortgage Corp. in Johnston was the Iowa Finance Authority’s top lender last year among a group of banks, credit unions and mortgage companies that helped 2,300 people, the most since 2008, buy a …

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Principal again named among Top Companies for Executive Women

For the 17th consecutive year, Principal Financial Group has been named one of the Top Companies for Executive Women by the National Association for Female Executives. Principal is a member of the NAFE Top Companies Hall of …

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Which Iowa wealth advisers made Forbes best-in-state list?

Four Greater Des Moines wealth advisers were named among 10 Iowa firms highlighted by Forbes as Best-In-State Wealth Advisors. The criteria, developed by Shook Research, is based on an algorithm of qualitative criteria, mostly gained through telephone …

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March 20: Monetery

Host: Dwolla
About: Monetery is an event dedicated to creating value in the Midwest. Join seasoned industry professionals from around the country as we discuss what’s unique about building and creating in the Midwest and …

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State bank profits grew 1.4% last year

Iowa banks reported net income of $937 million at the end of 2017, up 1.4 percent from the prior year. Profits were affected by one-time revaluation of deferred tax assets as required by the federal …