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Bank of Labor sees growth opportunity with other unions
In an effort to expand nationwide, Bank of Labor named lobbyist Bridget Martin as the market president for its new east region. Based in Kansas City, Kan., Bank of Labor is majority owned by the...
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H&R Block focuses on health insurance procrastinators
Tax changes resulting from the Affordable Care Act have H&R Block Inc. on high alert to help its customers avoid potential tax penalties and get bigger returns, which is key to the company's...
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Morrill & Janes Bank's owner is on the prowl for more acquisitions
Heartland Financial USA Inc., the parent of Merriam-based Morrill & Janes Bank and Trust Co., is in the process of raising $75 million. Heartland Financial has been one of the most active bank...
View ArticlePalmer Square Capital launches new hedge fund strategy
Palmer Square Capital Management launched its sixth mutual fund, the Palmer Square Long/Short Credit Fund, which is a hedge fund strategy. Based in Mission Woods, Palmer Square is an affiliate of...
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UMB acquires Marquette Financial Cos. for $182M in stock
UMB Financial Corp. announced that it signed an agreement to acquire Marquette Financial Cos. in an all stock transaction worth about $182.5 million. The deal would give Marquette Financial's owners,...
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Year in Review: Kansas City loses many iconic business leaders
It was a rough year for Kansas City in terms of the number of iconic business leaders who died. The list of names is like an all-time all-star list of Kansas City businessmen: R. Crosby Kemper; Jim...
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Exclusive: Kemper says UMB acquisition should boost growth
UMB Financial Corp. Chairman Mariner Kemper said in an exclusive interview that the proposed acquisition of Marquette Financial Cos. immediately will boost the company's presence in Phoenix, Dallas and...
View ArticleMallouk hires experienced leader for new adviser division
Hiring Beth Sharp to oversee its new Advisor Services division, Creative Planning continues to roll out a growth plan of diversifying its customer base. Leawood-based Creative Planning has already...
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Commerce Bank joins Apple Pay ranks
Commerce Bank announced that it will offer customers the Apple Pay mobile wallet system, which allows them to use their iPhones to pay for items at participating stores. Apple Pay was introduced in...
View ArticleMeridian Bank will help UMB rocket up rankings in Dallas, Phoenix
UMB Bank's expansion into Texas and Arizona puts it in a much different situation than it enjoys in Kansas City where it's one of the top banks in town, but the acquisition of Meridian Bank will...
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Kansans will spend more on holidays than Missourians
Kansans will spend an average of $1,127 over the holidays, while Missourians plans to spend about $960, according to BMO Harris Bank's Holiday Spending Report. About 84 percent of Kansans said they...
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Year in Review: Royals' epic World Series run unites the city
At the beginning of this past baseball season there were few people — including the most ardent fans— who would have picked the Kansas City Royals to win the American League Championship and go to the...
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Meet the Pohlads, UMB's second-largest shareholder
If regulators approve UMB Financial Corp.'s $182.5 million all-stock acquisition of Marquette Financial Cos., the Pohlad Family Cos. will have the second largest stake in the Kansas City based bank. As...
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James Dornbrook: Kemper says Marquette deal ‘moves the needle for us’
When UMB Financial Corp. announced a deal Dec. 15 to acquire Marquette Financial Cos. for $182.5 million in stock, it was a milestone moment for the Kansas City financial services company for many...
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Newsmaker: CBIZ managing partner: 'I knew I was going to be an accountant'
When Jeff Carlstedt took over as senior managing director for CBIZ MHM LLC of Kansas City on April 1, he became only the sixth person in the firm's history to hold that position. Carlstedt knew...
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List Package: Drawing the line between financial advising and selling
When it comes to your retirement investments, fees not only come in all shapes and sizes, but they also should lead customers to question the motivations of the person giving financial advice. Is a...
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CreativeOne lands best-selling author to boost sales
Leawood-based CreativeOne, an insurance marketing organization, hired Amazon best-selling author Don Spini as its new head of annuity sales distribution. Spini is author of "Sixty-Seconds to Yes: A...
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Boulevardia will roll out the barrel again in 2015
Kansas City's West Bottoms will once again host the summer festival Boulevardia, a craft beer, food and music festival that attracted 35,000 people during last year's inaugural event. The event will...
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Thompson, Kemper earn positions with KC Fed
Local bankers Paul Thompson and Jonathan Kemper both were named to positions with the Federal Reserve Bank of Kansas City. Paul Thompson, CEO of Kansas City-based Country Club Bank, was elected to a...
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Cray family again fills chair role at MGP Ingredients
MGP Ingredients Inc. announced that its board elected Karen Seaberg, granddaughter of company founder Cloud Cray Sr., as its new chairwoman. Seaberg succeeds her father Cloud "Bud" Cray Jr., who was...
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