Banking & Financial Services
An investment of $35 million was made to 52 different organizations, U.S. Secretary of Commerce Wilbur Ross announced in September. Those selected for grant funding were a mixture of nonprofits, institutions of higher education and entrepreneurship-focused organizations in 36 states.…
more
An increase in fraudulent activity over the last several months influenced by national and international shutdowns has caused a crack in Kansas’ unemployment system Criminal organizations have formed a multibillion fraud scheme in the U.S. that has singled in on…
more
On Monday, announcement of the Kansas Department of Commerce’s International Division grant award was released, the grant provided by program under the U.S. Small Business Administration (SBA). The division of the state’s commerce department received $127,400 through the SBA’s State…
more
A Missouri housing tax credit program has been restarted by the Missouri Housing Development Commission following a vote Friday, making a return from its 2017 prohibition during former Gov. Eric Greitens' time in office. The program provides low-income housing tax…
more
The opening of a Kansas City office for Moneta Group has been announced following the firm’s expansion from its St. Louis headquarters. Already a major player in the Kansas City market with an established list of clients from the area,…
more
Earlier this week, the Federal Reserve Board voted unanimously during an open meeting to release an advance notice of proposed rulemaking for an “approach” to modernization of rules implementing the anti-redlining Community Reinvestment Act (CRA). This approved noticed is referred…
more
A new round of bank stress tests was announced Thursday by the Federal Reserve, the board releasing its set of hypothetical scenarios to be used to measure the resiliency of big banks. This is the second round of bank stress…
more
WASHINGTON (AP) — In an economy that continues to show flashes difficulty in its recovery from a COVID-19 induced recession, Federal Reserve policymakers indicated on Wednesday that their benchmark short-term interest rate will likely remain at zero through 2023 and possibly even…
more
Time for some Ingram’s 250 math: What’s i250 x 5? If you came up with 1,250, hats off to your grade-school math teachers—their lessons clearly took hold. But with this being the fifth year of our recognition of the 250…
more
Following the announcement of the departure of Whitney Bartelli as president of Bank Midwest, a Thursday announcement revealed that Nicole Van Denabeele will fill the role as president, effective immediately. According to the announcement, Bartelli will stay through Friday, Sept. 11…
more
