Banking & Financial Services


AI Is Already Prevalent Across KC-Area Businesses

Artificial intelligence is usually spoken about as future tech component of business, but for many area companies, it's already here. Speakers at the KC Tech Council's recent Tech on Tap event at the Boulevard Brewery, gave examples of how they… more

BKD Names Dwiggins New Kansas City Managing Partner

A new managing partner is stepping in at BKD CPAs & Advisors to lead the Kansas City office: Rachel Dwiggins will succeed Abe Cole, who has been at that post since 2014. Cole will become regional managing partner of the… more

Kelly, Parson Sign Border War Agreement

Businesses expecting special tax incentives to make a move from South Kansas City to Overland Park, or from Lee's Summit to Lenexa, are out of luck. Kansas Gov. Laura Kelly and Missouri Gov. Mike Parson just signed an agreement between… more

Stifel Acquiring Core George K. Baum Business

George K. Baum & Company, a Kansas City-based investment bank focused on public finance and taxable fixed income sales and trading, is selling its core business functions to St. Louis-based Stifel Financial Corp. Baum's business specializes in underwriting and other… more

Gov. Parson Has a Democratic Challenger

Missouri State Auditor Nicole Galloway, a Democrat, has put her hat in the ring to challenge Republic Gov. Mike Parson for the office in the August of 2020 election. Galloway, from Columbia, late last month publicly asked Parson to take… more

C2FO Completes $200M Funding Round

C2FO, a Leawood-based financial-technology firm, has secured a $200-million round of funding led by Toyko-based SoftBank, which owns a significant portion of Sprint, as well as major stakes in WeWork and Uber. C2FO, through a system of algorithms, pairs companies… more

VIDEO: Expect Recessions When Making Portfolio Decisions

Investors shouldn't worry about if a recession will come or when it occurs because they're inevitable, says Eduardo Repetto, chief investment officer of American Century Investments’ newly launched Avantis Investors. He will be featured in Ingram's magazine's August edition in… more

Waddell & Reed Laying Off 150 In Midst of HQ Relocation Plans

Overland Park-based Waddell & Reed is laying off about 150 people in its transactional-processing operations and will outsource those positions, the investment-management company's officials said during its second-quarter earnings call.  The layoffs and move toward outsourcing are expected to be… more

Stueve Siegel Chalks Up Huge Win in $1.5B Equifax Case

One of Ingram's Best Companies to Work might now be an even more attractive workplace. Law firm Stueve Siegel Hanson LLP, of Kansas City, was the lead counsel on a class action settlement by credit-reporting firm Equifax relating to a… more

Former UMB CEO Hagedorn Takes Valley National Job

[caption id="attachment_12279" align="alignleft" width="300"] Hagedorn in 2017.[/caption] Michael Hagedorn, the former president and chief executive officer of UMB Financial Corp., is now the chief financial officer of Valley National Bancorp, based in Wayne, N.J. Hagedorn unexpectedly left UMB last year… more