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Banking and Finance

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Jan. 10: CFA Society Iowa luncheon

Host: CFA Society Iowa
About: Steve Bruere, president of Peoples Co., will present on “Trends and Outlooks for Farmland Values.” Open to society members and nonmembers. 
When: Noon to 1 p.m.
Where: Des Moines Embassy …

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Principal to move stock listing to Nasdaq

Principal Financial Group Inc. announced today that it will move its stock exchange listing to the Nasdaq Global Select Market, effective after market close on Dec. 15. Principal shares will continue to trade under the …

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TMG Financial Services launches advisory services for card issuers

Credit card agent issuer TMG Financial Services is marking a decade in business with the development of an advisory services arm. The company’s new Advisory Services suite of products will allow financial institutions and other …

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Guest Opinion: Tax reform needs to reform credit unions’ mission

Congress is working to pass fundamental tax reform for the first time in 30 years. Tax reform’s goals include lowering rates and broadening the tax base to stimulate economic growth. This requires difficult decisions involving …

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NOTEBOOK – One Good Read: When unpaid student loan bills mean you can no longer work

It would be easy in today’s world of huge student loan debt to fall behind on a payment or two — or more. For some people, the consequences of falling behind are dire. Some report …

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Iowa banks saw lending grow in third quarter

Bank loans and profits grew in the third quarter, according to the Federal Deposit Insurance Corp., and with the increased lending came a slight rise in challenged loans.

Lending grew 6 percent to $58.9 billion …

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The Rigler family provides a rich history of Iowa banking

A piece of banking history migrated from northeast Iowa to Greater Des Moines in August, when Rigler Investment Co. of New Hampton bought Clive-based Peoples Trust & Savings Bank from Green Circle Investments Inc.

The …

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Wells Fargo fires W.D.M.-based head of consumer lending

Wells Fargo fired its top consumer lending executive after he had communication with a former employee that did not follow the company’s policies, The Des Moines Register reported. Franklin Codel worked as Wells Fargo’s head of …

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Federal Home Loan Bank launches internship program

The Federal Home Loan Bank of Des Moines has partnered with Des Moines’ North High School to offer internship opportunities to students interested in careers in the financial services industry. Four North High interns, including …

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Federal Home Loan Bank of Des Moines passes its stress test

The Federal Home Loan Bank of Des Moines exceeded regulatory requirements during a test of its ability to withstand a severe downturn in the economy, according to a release. The stress tests are part of …