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Dear Mr. Berko:
I am a very conservative investor with $19,000 to invest, but this market volatility makes me uncomfortable. Could you please explain the concept of beta to me and how it works? And …
A.M. Best Co. has upgraded the financial strength rating of Farm Bureau Life Insurance Co., a subsidiary of FBL Financial Group Inc., to A- (excellent) from B++ (good). A.M. Best also affirmed the “good” financial …
Barrie Christman, chair of Principal Bank, will be a featured speaker at the American Bankers Association annual convention on Oct. 17-20 in Boston.
She will be one of three bank executives participating in a panel …
JPMorgan Chase & Co., the second-biggest U.S. bank, said its profits rose 23 percent, more than analysts estimated, as provisions for losses on mortgages, credit cards and other consumer loans fell $5.8 billion, Bloomberg reported.…
Cara Heiden, co-president of West Des Moines-based Wells Fargo Home Mortgage, will be the fall 2010 speaker for the Robert Stafford Lecture Series on Banking at Iowa State University’s College of Business. The free lecture, …
Half of financial professionals on Wall Street expect to get a larger bonus this year, and some of those expect a much bigger payout, according to an annual survey by financial job board eFinancialCareers.com, Reuters …
A lawsuit triggered by the hostile takeover attempt of Casey’s General Stores Inc. was dismissed last week in U.S. District Court in Des Moines. Casey’s had alleged that Alimentation Couche-Tard Inc. of Canada violated federal …
EMC Insurance Group Inc. will release its 2010 third-quarter and year-to-date earnings information before the opening of regular market hours on Nov. 8. The information also will be available on the company’s website, www.emcins.com, the …
I recently hired a University of Phoenix graduate over a University of Florida graduate, because I felt the Phoenix student would give me more bang for my buck in our accounting department. …
We already knew that lax mortgage approval processes contributed to the global economic meltdown. With the benefit of hindsight, lenders say they probably should have looked up “mortgage” in a thicker dictionary and asked new …
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