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Banking and Finance

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Event Nov 3: Central banks forum at Drake

Drake University will host a panel discussion on “The Changing Role of Central Banks,” sponsored by Principal Financial Group Inc. and the Principal Financial Group Center for Global Citizenship. The free public event is scheduled …

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Event Dec. 3-4: Iowa Taxpayers Association annual meeting and tax symposium

The two-day meeting at The Meadows Events and Conference Center in Altoona is geared toward tax, legal and government affairs professionals from all levels with an interest in topics of statewide interest who are seeking …

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Marketplace lenders are here, sort of

Marketplace lending is out there, lurking, apparently waiting on a no-expectations invitation from Iowa banking and securities regulators to set up shop.

The multibillion-dollar online arena where borrowers hook up with individuals and institutions willing …

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Profits up at Great Western Bank

Great Western Bancorp Inc. reported profits of $33.8 million, or 60 cents per share, for its fiscal fourth quarter, which ended Sept. 30, compared with $27.9 million, or 48 cents per share for the same …

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Heartland Financial to buy Colorado bank

Dubuque-based Heartland Financial USA Inc. has reached a definitive merger agreement with CIC Bancshares Inc. of Denver in a deal valued at $83.5 million. Heartland Financial will pay about 20 percent of the total amount …

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Event Oct. 28: Former U.S. comptroller general to speak on public policy

Former U.S. Comptroller General David Walker will address the consequences of current public policy on the nation’s financial condition during a forum Wednesday hosted by Foster Group. Walker is a senior strategic adviser for PricewaterhouseCoopers.…
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Event Nov. 3: Microfinance, helping women worldwide

Shazia Manus, CEO of The Members Group, will speak on microfinance and its positive impact on women worldwide as part of the Iowa International Center’s Dialogue Series at noon Nov. 3 at the Central Library …

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Treasury Department cancels debt sale

The U.S. Department of the Treasury canceled its sale of two-year debt slated for next week due to fears Congress won’t act in time to raise the debt ceiling, CNNMoney reported. The department specifically cited “debt ceiling …

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The eyes have it: Wells Fargo to roll out biometric scanning

Wells Fargo & Co. is testing new banking technology that will allow its corporate customers to use biometric eye scanning to access accounts, the Denver Business Journal reported. The bank demonstrated the technology, which it plans to …

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Principal to launch deferred income annuity option

Principal Financial Group Inc. is adding a retirement plan product to its portfolio that will allow participants to purchase a deferred income annuity while they’re still contributing to their defined contribution plan. The Principal Pension …