-->

Banking & Financial Services

Creative Planning Adds Goldman Sachs Unit

Posted August 29, 2023 Creative Planning, the Kansas City region's biggest wealth-management firm, is getting bigger: The Overland Park firm has announced the acquisition of the Goldman Sachs Group's  Personal Financial Management unit. Neither the terms of the sale nor… more

American’s Higher Wages Could Lead To Continued Rise In Inflation

Posted August 28, 2023 Based on the latest consumer price index from the Bureau of Labor Statistics, weekly earnings have increased to 3.5 percent year-over-year since July. However, the Federal Reserve is cautious about wage hikes and could affect its… more

TreviPay Develops Cross-Currency B2B Payment System

Posted August 24, 2023 TreviPay has added a new capability to its business-to-business payment platform for merchants around the world allowing sales between different currencies. TreviPay, headquartered in Overland Park, operates in 32 countries and 20 currencies and now can… more

Creative Planning’s Third Acquisition This Year, Adds 600 Minneapolis Workers

Posted August 24, 2023 Creative Planning announced its acquisition of Minneapolis-based CTB Financial Services, Ltd., marking the wealth management firm’s third acquisition this year. CTB will add support to Creative Planning’s already bolstered tax planning with investment management services. “Having… more

Justice Department Enforcement Action Combats $836M In Alleged COVID-19 Fraud

Posted August 24, 2023 The Justice Department announced Wednesday the results of a coordinated, nationwide enforcement action to combat coronavirus aid fraud, including 718 enforcement actions and over $836 million in alleged COVID-19 fraud. The coordinated law enforcement action occurred… more

Commerce Trust’s New Chief Market Strategist: KC Mathews, Formerly of UMB

Posted August 17, 2023 KC Mathews has joined Commerce Trust, a division of Commerce Bank, as Chief Market Strategist, the company announced last week. Mathews comes to Commerce Trust after 21 years at UMB Bank where he recently served as… more

Commerce Bank Downgraded For Financial Risks

Posted August 10, 2023 Kansas City-based Commerce Bank, which has nearly 50 branch locations in the Kansas City, Lawrence, and St. Joseph area, is among 10 small-to-mid-sized banks whose credit ratings were downgraded by Moody’s. In a recent report from… more

These Regional Public Accounting Firms Make IPA 500 List

Posted August 10, 2023 Kansas City-based CPA firm Mayer Hoffman McCann PC joined with Cleveland-based CBIZ Inc. ranked among the top 100 accounting firms in the U.S. for net revenue, according to Inside Public Accounting’s Top 500 Firms list. The… more

SBA More Than Doubles Maximums For Home Disaster Loan Program

Posted August 10, 2023 The Small Business Administration is more than doubling the caps of its disaster loans, adjusting the amount of its loan program for the first time in 30 years. SBA key changes: Increase Loan Limits for Primary… more

Biden Administration M&A Reform Would Quadruple Work Hours & Paperwork

Posted August 3, 2023 Weeks before releasing the draft Merger Guidelines on July 19, the Federal Trade Commission (FTC) and Department of Justice announced an overhaul of the premerger notification process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 –… more