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Wells Fargo & Co has passed JPMorgan Chase & Co. to become the largest U.S. bank by stock market value, Bloomberg reported. At the close of New York trading on Thursday, San Francisco-based Wells Fargo’s …
M. J. Kelly Co., a specialty lines insurance brokerage based in Springfield, Mo., announced that it will expand its Iowa operations. The acquisition of a book of business from RDS Group, as well as the …
The U.S. Small Business Administration (SBA) yesterday announced two new loan initiatives – the Small Loan Advantage and Community Advantage.
The loans are aimed at increasing the number of lower-dollar SBA 7(a) loans going to …
The board of directors of the Federal Deposit Insurance Corp. (FDIC) on Tuesday voted on a final rule to set the insurance fund’s designated reserve ratio (DRR) at 2 percent of estimated insured deposits.
The …
Business and income protection have moved up in importance for many small business owners due to the uncertain economy, according to new research from Principal Financial Group Inc. The study, which surveyed 511 business owners …
More than 70 percent of Americans say big bonuses should be banned this year at Wall Street firms that took taxpayer bailouts, a Bloomberg National Poll shows.
Also, one in six favor slapping a 50 …
Dice Holdings Inc. said the size of its public offering was increased to 12 million shares of common stock, up from 10 million initially announced on Dec. 3, and the public offering price is $10.75 …
After working for more than 34 years at Principal Financial Group Inc., Ellen Lamale will retire in early 2011. She is currently senior vice president and chief risk officer at the company.
Lamale joined Principal …
Frank Sesno is a journalist and educator who has taken a hard look at global events, often while interviewing world leaders, and come away with a sense of fear but not despair.
“I think we …
As the head of the state’s largest credit union, Jean Trainor can’t be accused of closing her eyes to the realities of a bad economy. But she can decide not to let it slow down …
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