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Federal Reserve Chairman Ben Bernanke said the central bank and other regulators are “intensively” examining financial firms’ home-foreclosure practices and expect preliminary findings next month.
“We have been concerned about reported irregularities in foreclosure practices …
Venture investors put $5.5 billion into 662 deals for U.S.-based companies during the third quarter of 2010, a 5 percent drop in investment but a 2 percent increase in deals from the same period last …
Wells Fargo & Co.’s Housing Foundation today announced grants totaling $5 million to nonprofit housing organizations in 34 communities, including Des Moines. Earlier this year, Wells Fargo donated an additional $8 million to Habitat for …
Aviva Investors North America Inc., a subsidiary of West Des Moines-based Aviva USA, last week announced the launch of two new mutual funds: the Aviva Investors Core Aggregate Fixed Income Fund and the Aviva Investors …
Dear Mr. Berko:
I work for TreeHouse Foods, a big company nobody has ever heard of. I’m 30, still have my job and no debts. But so many people are losing their jobs, the economy …
Toronto-based TRC Capital Corp. has made an unsolicited mini-tender offer to Monsanto Co. shareholders to buy up to 2 million shares of Monsanto common stock, the St. Louis Business Journal reported. The offer price of …
Wells Fargo & Co., the largest U.S. home lender, reported record third-quarter profits that beat most analysts’ estimates as credit conditions improved, and said it’s not planning to halt foreclosures, according to Bloomberg.
Net income …
A plan to reorganize finances and retain control of the Keck City Center is unworkable and the building owner’s bankruptcy case should be dismissed, the U.S. trustee for federal bankruptcy court in Des Moines said …
Citigroup Inc. posted second-quarter earnings of $2.2 billion today, marking its third straight quarterly profit and beating Wall Street expectations, as the bank continued to trim its loan loss reserves thanks to improving credit trends, …
Debbie Bianucci has been appointed chair of the National Foundation for Credit Counseling advisory council. Bianucci, who holds degrees from Drake University, is president and CEO of BAI (Bank Administration Institute), a professional organization that …
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