Banking & Financial Services
Posted December 21, 2023 The Federal Reserve Bank of Kansas City released its Third Quarter 2023 National Small Business Lending Survey, showing an increase in loan balances but new lending continues to decline. The survey found that outstanding small business…
more
Posted December 13, 2023 The Dow Jones Industrial Average reached a new record high Wednesday, a jump of more than 500 points, following the central bank’s decision to hold rates steady due to progress on inflation. The DOW increased more…
more
Posted December 12, 2023 Kansas City-based Husch Blackwell announced it will absorb Minneapolis-based Patterson Thuente IP, which will see Husch Blackwell’s Minneapolis office more than double in less than a year. The addition of Patterson Thuente will include 11 attorneys…
more
Posted December 7, 2023 Arvest Bank celebrated the grand opening of its latest branch on Prospect Avenue in east Kansas City, Mo., improving the banking resources available in the community. The $4.5 million state-of-the-art branch at 3121 Prospect Avenue began…
more
December 7, 2023 Q: What do you consider your organization’s most significant achievement or highlight over the past year? A: During the nearly 40 years since my late father, Byron Thompson, purchased Country Club Bank, the bank has grown from…
more
Posted December 6, 2023 Wichita-based Equity Bank announced it will merge with Bank of Kirksville adding eight locations to Equity Bank’s network and raising its total assets to $5.4 billion. Under the terms of the agreement, Equity Bank—operated by Equity…
more
Posted December 6, 2023 Kansas City, Mo-based law firm Spencer Fane announced it will merge with the Utah-based Snow Christensen & Martineau, adding nearly 50 full-service practice attorneys. Snow Christensen & Martineau will join the firm effective March 1, 2024,…
more
Posted December 4, 2023 Overland Park-based Creative Planning has acquired a financial advisory firm in Delaware-based Daniels + Tansey. The firm specializes in tax and investment services for individuals and small businesses. Daniels + Tansey notably serves 150 high-income individuals…
more
Posted November 30, 2023 The Federal Reserve Board released its latest Beige Book report which shows Kansas City and the Tenth District’s economic activity declining slightly with loan demand remaining “tepid” across banks in the district. The Beige Book—a report…
more
Posted November 29, 2023 UMB Bank has announced Eric Kelley as UMB’s new chief investment officer. Since July, Kelley has been working as interim CIO. Now, Kelley will oversee the company’s private wealth management investment team which includes a new…
more
