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Banking and Finance

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Syverson Strege hosting free values-based investing session

Syverson Strege, a fee-only financial planning and investment management firm in West Des Moines, will host a free event on April 27 to discuss values-based investing. The event will feature Jason Gunkel, chief investment officer …

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Principal extends Principal Charity Classic sponsorship agreement

Principal Financial Group has agreed to a five-year extension with the Principal Charity Classic, the company announced Wednesday. With the new agreement, Principal will continue to be the title sponsor of the annual PGA Tour …

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Should the FDIC insurance cap be raised? Here’s what some Iowa leaders think

The collapse of Silicon Valley Bank and Signature Bank in early March is prompting questions about whether the level of federal insurance provided for bank deposits should be raised.

Currently, the Federal Deposit Insurance Corp. …

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Schooley appointed business banking leader at Two Rivers Bank & Trust

Two Rivers Bank & Trust appointed Melissa Schooley as the business banking leader, effective March 27. Schooley brings over 20 years of banking experience with a focus on commercial banking and business development. Before joining …

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Principal survey identifies retirement industry disruptors by 2030

The Principal Future of Retirement Survey identified the leading factors that will disrupt the retirement industry by 2030, including an aging workforce, Generation Z, demand for personalized investment advice and financial wellness. These factors are …

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Economists: Bank failures could affect Fed’s decision to continue rate increases

The failures of Silicon Valley Bank and Signature Bank of New York could influence the Federal Reserve’s decision to continue increasing interest rates with the release of a new inflation report out today, economists said.…

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Iowa’s banks are healthy, 2 state banking leaders say

Iowa banks are in good financial health and customers should not worry that the institutions will experience failures similar to what has occurred with Silicon Valley Bank and Signature Bank, two of the state’s top …

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Catch up: What to know about the recent banking disruption

On Sunday, U.S. authorities said they would ensure depositors with money at Silicon Valley Bank, a California-based banking institution used by many tech startups that collapsed Friday, would be paid back in full. Depositors were …

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Iowa banks see increase in loans, deposits in fourth quarter

Iowa banks reported increases in loans and deposits in the fourth quarter, information released this week by the Federal Deposit Insurance Corp. shows.

“Despite headwinds from inflation, rising interest rates and geopolitical uncertainty, Iowa banks …

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Principal announces integration of asset management and pension businesses

Principal Financial Group will consolidate its global asset management and international pension businesses, the company announced today.

In a news release, Principal announced the new combined business will be called Principal Asset Management. The move …