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Banking and Finance

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Dwolla founder Milne joins board of Lincoln Savings Bank

Ben Milne, founder and chairman of Des Moines-based payment platform Dwolla Inc., has joined the board of directors of Lincoln Savings Bank. Milne, who holds various patents for payment processing technologies, has participated in the …
By BPC Staff | Feb 8, 2021
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Cetera to acquire Voya Financial Advisors’ independent advisory arm in $300M deal

Voya Financial Inc. announced today that it has entered into a definitive agreement with Cetera Financial Group Inc. for Cetera to acquire the independent financial planning channel of Voya Financial Advisors, Voya’s registered investment adviser and broker-dealer.…
By BPC Staff | Feb 8, 2021
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Menke named retail banking director of Bank Iowa

Bank Iowa announced it has hired Trisha Menke as retail banking director. She will oversee all branch administration and operations for the bank. She will join the family-owned community bank’s senior leadership team, guiding product development and implementation …
By BPC Staff | Feb 4, 2021
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Next Level Ventures announces new Curql Fund targeting credit union industry

Next Level Ventures and credit union partners of Members Development Co. announced the launch of a new collaborative venture capital fund for the development of financial services technology in the credit union industry. The Curql …
By BPC Staff | Feb 4, 2021
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Summary provides details about new federal Shuttered Venues Operators Grants

BKD CPAs and Advisors has published a frequently asked questions document for businesses seeking to apply for the Shuttered Venues Operators Grants program, a $15 billion relief program that was enacted by Congress in the …
By BPC Staff | Feb 3, 2021
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NOTEBOOK – ONE GOOD READ: Some research insights from the next SEC chair

Somewhere along the way in my quest to keep up with the banking and financial services industry, I got on the MIT Sloan School of Management’s Thinking Forward email list. This week, they sent me …
By BPC Staff | Jan 28, 2021
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West Bancorporation reports record 2020 earnings, increases dividend

West Bancorporation Inc., the publicly traded parent company of West Bank, today reported 2020 net income of $32.7 million, or $1.98 per diluted common share, compared with 2019 net income of $28.7 million, or $1.74 per diluted …
By BPC Staff | Jan 28, 2021
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Business Record names Community Foundation’s Jones-Weber as Deloitte CFO of the Year

Growing up in Des Moines, Karla Jones-Weber would spend after-school time at her parents’ business, helping with simple bookkeeping tasks beginning when she was about 10. She quickly discovered that she enjoyed accounting, and after …
By JOE GARDYASZ | Jan 28, 2021
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NOTEBOOK – ONE GOOD READ: Apollo CEO to step down after firm finds $158M in payments to Jeffrey Epstein

One of the world’s largest private equity firms, Apollo Global Management, found that its chairman and CEO, Leon Black, had paid convicted sex offender Jeffrey Epstein $158 million, which triggered an attempt to remove him …
By JOE GARDYASZ | Jan 26, 2021
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CI Financial Corp.’s acquisition will double U.S. assets under management to $46B

CI Financial Corp., a Toronto-based asset and wealth management company, has acquired Segall Bryant & Hamill LLC, a Chicago-based registered investment adviser firm and institutional asset manager, Investment News reported. The acquisition, once completed, is expected to …
By BPC Staff | Jan 26, 2021
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