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Lawing Financial claims adviser violated ban and meddled with clients
Lawing Financial Inc. filed suit against a woman whose Springfield, Mo., financial advisory firm it purchased last year. The action alleges that Nadia Cavner interfered with former clients being served...
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Boulevard adds new year-round beer to Smokestack Series
Boulevard Brewing Co. announced that it will release a new year-round beer to its Smokestack Series lineup starting in June. The new beer is called Tell-Tale Tart and it's being described as a slightly...
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KC's newest venture capital fund makes first investment
Flyover Capital, an early stage venture capital company founded in 2013, announced that it's making its first investment. Flyover Capital invested $1.75 million in a company called Opendorse, which is...
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BATS fears rule would create unfair competition in options markets
BATS Global Markets Inc. is waging a battle to stop a new rule proposed to the Securities and Exchange Commission, saying it would create an unfair advantage for legacy options exchanges at the expense...
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UMB Healthcare Services division gets new chairman, exec team
UMB Financial Corp. (Nasdaq: UMBF) announced that the long time CEO of its HealthCare Services division, Dennis Triplett, will take the role of chairman effective June 1. Triplett has led UMB's...
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Local SBA lending skyrockets
The Small Business Administration’s district office in Kansas City has been an exceptionally busy place over the past six months, seeing a 24 percent increase in the number of loans approved compared...
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Fifth Third Bank enters the Kansas City market
Fifth Third Bank is opening a commercial loan production office in the Kansas City area. It hired Lafayette Ford as market executive for its new Kansas City region. Fifth Third Bank is one of the...
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Polsinelli wins antitrust case at U.S. Supreme Court
Polsinelli PC earned a victory in the U.S. Supreme Court in a natural gas antitrust case. The Kansas City-based law firm represented commercial and industrial purchasers of natural gas, including...
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C2FO quadruples capital flow in only one year
During the first quarter of 2015, C2FO's working capital flow was four times higher than it was a year ago, growing from $734 million to $2.86 billion. C2FO runs an online marketplace that lets...
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Wellness company goes belly up
Mounting losses have spelled the end for WINS. Lenexa-based Wellness Innovation and Nursing Services Inc. filed for Chapter 7 bankruptcy protection. WINS stated in its bankruptcy filing that it had...
View ArticleWaddell & Reed COO Strohm will retire after 42 years
Michael Strohm announced he'll retire from his position of COO at Waddell & Reed Financial Inc. and CEO of Waddell & Reed Inc. effective May 15. Strohm has been with Overland Park-based Waddell...
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EY looks to military to help clients fight cyber crime
Ernst & Young LLP has been busy assembling an elite team of cyber security experts to help businesses of all sizes around the world address the growing threat to their data and technology systems....
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On The Money: BATS pushes back on options proposal
Chris Concannon, who became CEO of BATS Global Markets on March 31, is off and running at full speed. BATS has been exceptionally busy for the last few weeks. It launched a new options exchange and has...
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On The Money: Lawing claims adviser stalked office
Lawing Financial Inc. filed a breech of contract suit against Nadia Cavner, whose firm it acquired in January 2014. The acquisition the Nadia Cavner Group added about $300 million in assets to the...
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List Extra: Credit union is committed to growth in Kansas
A lot of thought and attention went into Mazuma Credit Union’s new headquarters, with heavy consideration of every detail from its location to its layout. Mazuma CEO Brandon Michaels wants to grow the...
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KC’s newest venture capital firm invests locally
Leawood-based Flyover Capital made its first investment in a locally based company, participating in a $3.7 million investment in Olathe-based Innara Health. Flyover Capital is an early-stage venture...
View ArticleCommunityAmerica fights against subprime's comeback
It's only been six years since the U.S. suffered a major financial crisis that nearly crippled its entire economy, so it's a bit unnerving to see the comeback of one of the main culprits: subprime...
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Kemper survives another challenge to his UMB leadership
For the third year in a row, Mariner Kemper survived a proxy vote that would have required him to either resign as chairman or CEO of UMB Financial Corp. Kansas City-based UMB Financial Corp. (Nasdaq:...
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Creative Planning tops $15B in assets under management
Leawood-based Creative Planning continues on a remarkable growth trajectory, announcing that it now has surpassed $15 billion in assets under management. The independent financial advisory firm added...
View ArticleRiverside lands 267 jobs, yet another auto-related manufacturer
U.S. Farathane announced that it will spend $51.6 million to set up a plant in Riverside that is expected to create 267 jobs during the next three years. Based in Auburn, Mich., U.S. Farathane is a...
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