Banking and Finance

The Securities and Exchange Commission today announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for widespread and long-standing failures by the firm and its employees to maintain and preserve written …

Sean Vicente will deliver the keynote address at the Ivy College of Business 19th annual Contemporary Issues in Accounting Conference on Friday, Dec. 17, at Iowa State University. Vicente is the managing partner of KPMG’s …

The third-quarter financial results for Iowa banks from the Federal Deposit Insurance Corp. reflect a continued trajectory out of the COVID-19 pandemic, according to the Iowa Bankers Association.

Iowa banks reported aggregate net income of …

Private Wealth, a Cedar Rapids-based wealth management firm launched this year to serve high-wealth clients in Iowa and Nebraska, announced that Bryan Johnson, a former Wells Fargo Wealth regional managing director, has been named CEO. Johnson …

Central State Bank, a family-owned bank based in State Center, recently received state regulatory approval to establish a West Des Moines branch, which the bank expects to open in March. The branch will be located near …

QCR Holdings Inc. and Guaranty Federal Bancshares Inc. jointly announced a definitive agreement this week in which QCR Holdings, a Moline, Ill.-based multi-bank holding company, will acquire Guaranty, which is based in Springfield, Mo. With the acquisition, …

Sammons Financial Group, based in West Des Moines, has been named a top company for work-life balance, according to a recent Glassdoor report. Glassdoor, which provides insights about jobs and companies, previously named Sammons Financial Group to …