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Banking and Finance

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Nonfarm employment gains as November leading indicators rise

The Iowa Leading Indicators Index increased 0.1 percentage point to 108.3 in November 2017, buoyed by a healthy gain in the nonfarm employment index. The monthly diffusion index — a measure of the proportion of …

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Trends to Watch in 2018

Prepare for change or be an agent of change this year.

That’s the overwhelming theme from 13 leaders in the Greater Des Moines business community about trends coming up in 2018. The Business Record asked …

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GUEST OPINION: Congress reaffirms need for not-for-profit financial choice

Choice is a core value of our society. It is how you, as a consumer, get the best deal.

With comprehensive tax reform being discussed on both the federal and state levels, the banking industry …

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Lessons from the past year

As 2017 nears its close, the Business Record asked you, our readers, to tell share what lessons you learned in the last 12 months that others in the business community could benefit from hearing. 

And …

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FHLB Des Moines has provided $60M in housing assistance this year

The Federal Home Loan Bank of Des Moines recently awarded $44.5 million in grants from its Competitive Affordable Housing Program to provide housing for low-income families, seniors, people with disabilities, the homeless and at-risk youths …

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NOTEBOOK – One Good Read: A Principal Global analyst weighs in on bitcoin’s wild ride

The ability to trade bitcoin futures on the Chicago Board Options Exchange may have given some degree of confidence about its legitimacy to skeptical investors, but there’s another, more basic element that’s driving the surge …

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Dhawan named to Principal data post

Greater Des Moines entrepreneur and startup supporter Tej Dhawan will take a new job Monday as chief data officer for Principal Financial Group, a finance giant that is one of the area’s biggest employers and …

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Triangle Financial Services broadens services with expansion

Triangle Financial Services, an independent wealth management firm in Des Moines, has expanded with the addition of two financial advisers and a second office location in Grinnell. The 10-year-old firm, owned and operated by Kendra …

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Fritz named senior vice president, COO at Bankers Trust

Tina Smith Fritz (pictured) has been promoted to senior vice president and chief operations officer for Bankers Trust Co. In that role, she oversees the bank’s operations and technology teams, leads treasury management and global …

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Fiduciary rule delay now final

The Department of Labor released a final rule Monday that would delay implementation of the enforcement mechanisms of its fiduciary duty regulation until the middle of 2019, Investment News reported. The rule would postpone from Jan. …

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