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Dear Mr. Berko:
Our son, who recently completed his doctorate in statistics at UCLA, and his wife enjoy the friendship of a congressman and his wife. We’ve met this man and he seems like a …
New findings in a study conducted by Boston Research Group on behalf of Principal Financial Group Inc. show that offering nonqualified deferred compensation plans is important for recruitment and retention.
Nonqualified deferred compensation plans are …
The state’s 340 banks showed improvements in deposits, lending and profitability in the third quarter, according to a report from the Federal Deposit Insurance Corp.
Return on assets, a key measure of profitability and performance, improved to …
Citigroup Inc will eliminate 11,000 jobs worldwide, about 4 percent of its total staff, in a move to save as much as $1.1 billion a year in expenses, Reuters reported. The move will initially result in …
Principal Financial Group Inc. has named Julia Lawler, currently senior vice president and chief investment officer, as senior vice president for investment services. Tim Dunbar, currently senior vice president for strategy and finance, will replace …
A Linn County judge on Monday sentenced former Cedar Rapids investment adviser Noah Aulwes to 10 years in prison and ordered him to pay more than $363,000 to dozens of victims, according to a release …
Lawmakers and state financial regulators on Thursday called on federal officials to revamp proposed rules that would force financial firms to hold much more capital, asking them to consider the impact on small banks and …
A Decatur County judge will hear arguments Jan. 30 for and against a proposed $3 million settlement of two class-action lawsuits against financial adviser Donald DeWaay and the Clive broker-dealer office he recently shuttered.
HISTORY: …
Now that the election is behind us, concerns over the “fiscal cliff” dominate the headlines. The term “fiscal cliff” describes a combination of tax increases and spending reductions which kick in automatically on Jan. 1, …
Our broker wants us to buy 300 shares of American Express for our growth and income portfolio. Please advise.
P.E., Ft. Walton Beach, Fla.
Dear P.E.:
For many reasons I didn’t like …
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