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Kansas Venture Capital closes on two deals
Kansas Venture Capital Inc. closed two acquisitions in March, giving it three new investments in three months. Kansas Venture Capital acquired Reynolds Polymer Technology Inc., based in Grand Junction,...
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KC-area banks follow customers to social media
With fewer people visiting brick-and-mortar branches, bankers are looking for new ways to remain in front of, and engaged with, their customers. An increasing number of banks are coming to the...
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Equity Bank makes play for Bank of Blue Valley
Equity Bancshares Inc. is making a play to acquire the preferred share debt that Blue Valley Ban Corp. accrued through the U.S. Treasury’s Troubled Asset Relief Program. Blue Valley Ban Corp. borrowed...
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OneKC for Women Alliance expands financial services
The OneKC for Women Alliance is strengthening its efforts to meet the financial needs of women in the Kansas City area. OneKC for Women is a brand used to describe the alliance between the Women’s...
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National Advisors Trust names Combs as CEO
James Combs Jr. is the new CEO of Overland Park-based National Trust Advisors Co. Combs succeeds David Roberts, who worked on an interim basis after former CEO Ron Ferguson resigned in late September....
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Kansas, Missouri among best states to make a living
Kansas is one of the top 10 best states to make a living, according to a study by MoneyRates.com. The 2013 List of Best States to Make A Living looked at average wage and unemployment data, cost of...
View ArticleIvy Funds taps into real estate market
Ivy Funds launched two new global funds Monday that focus on international real estate securities. Open-end real estate funds are attracting a lot of interest from investors. Overall fund flows in 2012...
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Ford, GM sales soar in March
Ford Motor Co. and General Motors Co. both recorded their best March sales since 2007. Ford saw sales of 236,160 vehicles in March, up 5.7 percent from last year. Sales for the first three months of...
View ArticleBank closings continue to dwindle in Kansas City area
If the first three months of the year are any indication, a downward trend in bank closures seems to be continuing. Only four banks nationwide have closed this year — none of which involved a...
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KC Board of Trade shines under new ownership
CME Group, which owns a diverse group of trading platforms, reported that its newly acquired Kansas City Board of Trade was a star during a lackluster month of volume. Overall volume for Chicago-based...
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Nationwide bank lending drops in first quarter
Commercial bank lending nationwide declined in the first quarter for the first time in seven quarters. Lending was down 0.89 percent in the first quarter of 2013, according to a report by Sterne Agee....
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Sporting KC's Vermes joins National Soccer Hall of Fame
Peter Vermes, head coach of Sporting Kansas City, was named to the National Soccer Hall of Fame’s Class of 2013. Vermes was elected as the top vote recipient among 15 veteran ballot candidates, as...
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BATS loses ground but remains optimistic
BATS Global Markets lost some market share in the United States and Europe but saw nice gains with its equity options business. Kansas City-based BATS Exchanges held a 10.6 percent share in the U.S....
View ArticleEmployees acquire IBG, create new insurance brokerage
A new company called Corner Stone Kansas City has formed after a group of Insurance & Benefits Group employees acquired a 90 percent stake in the assets of the Lee’s Summit office. The new...
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Reporter Page: In Equity’s play for Blue Valley, bank on interesting
The personalities are just as interesting as the business moves involved in Equity Bancshares’ recent move to try to acquire Troubled Asset Relief Program debt from Blue Valley Ban Corp. On the one...
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U.S. Bank will add 50 jobs in Kansas City
Ten jobs from the U.S. Bank collections department in St. Louis will shift to its Kansas City collections operation, where the company plans to hire an additional 40 before the end of the year. The...
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Boulevard, Farmland team up on bratwurst
Farmland Foods and Boulevard Brewing Co. have teamed up to offer a new line of bratwurst hitting stores now. The fresh, uncooked brats are made of USDA-inspected cuts of domestic pork, mixed with...
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Hy-Vee invests in major-league marketing plan
Hy-Vee Inc. is positioning itself as a major-league sports sponsor in the Kansas City area in an effort to reach out to fans who need groceries and tailgating supplies. Des Moines-based Hy-Vee...
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Allied Business Group grows to include new services
Allied Business Group added new dispute consulting and due diligence practices, and is increasing its office space to accommodate the growth of its overall business. The Overland Park-based investment...
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Milbank eyes Europe for growth
Milbank Manufacturing Co. Inc. is getting assistance for developing new smart grid and energy technologies from its new strategic partnership with Sentec. The Kansas City-based electrical supplies and...
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