Banking & Financial Services
The gyrations in U.S. equities markets in March were truly unprecedented, spooked by a supply-and-demand conundrum. In a capitalist economy, everything is a function of supply and demand. Markets react very negatively to a significant disruption of either. After 9/11,…
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U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza calling for Congress to appropriate more funds toward the Paycheck Protection Program and Economic Injury Disaster Loan Program, due to the havoc that COVID-19 has wreaked…
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Small Business Administration loans are a major topic right now in the face of COVID-19. Tom Salisbury, the Regional Administrator for SBA’s Region VII states of Missouri, Kansas, Nebraska and Iowa, talks about the Paycheck Protection Program (PPP) and other…
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U.S. residents now have a resource from the Internal Revenue Service where they can track the status of their stimulus checks. Titled Get My Payment, it shows when people would receive payments of up to $1,200 for individuals, $2,400 for…
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The COVID-19 pandemic is 10 times deadlier than the flu pandemic of 2009, according to Tedros Adhanom Ghebreyesu, general director of the World Health Organization. "We know that early case-finding, testing, isolating caring for every case and tracing every contact…
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Overland Park-based Creative Planning has acquired Coe Financial Services, an RIA firm based in Wichita with $126 million in assets under management. The firm provides financial planning and investment-management services. Coe was founded in 1983 by managing director Richard Coe.…
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A new update on the Kansas City M&A market issued by one of the leading firms in that space confirms what most might have anticipated: That space today is much different than just a month ago. So concludes the leadership…
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As the nation’s banks continue to fine-tune the Paycheck Protection Program implemented by Congress to help avert layoffs during the COVID-19 crises, today looms as a key date in phase II of the $349 billion program. As of this morning,…
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Banks have been quick to respond with customer-driven programs that may be forsaking short-term revenue gain, preserving the longer-term relationships that will be valuable once the recovery begins While the Small Business Administration is forgoing traditional loan structures with banks…
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Leslie Davis is the owner of True Peace Financial Solutions in Overland Park, Kan., an affiliate of Topeka-based AE Wealth, which has more than $7 billion in assets under management. She talked about challenges in the investment market right now.…
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