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Newsmaker: ‘This is my dream job,’ UMB CFO says
After Michael Hagedorn was named as CEO of UMB Bank and vice chairman of UMB Financial Corp., the company hired Ram Shankar in August 2016 to take over duties as CFO. Shankar grew up in India, and...
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KC Southern CEO: A lot at stake if there's a 'bad outcome' on NAFTA
Anytime he hears someone talk about revising the North American Free Trade Agreement (NAFTA), Kansas City Southern CEO Pat Ottensmeyer’s ears perk up. For the past 20 years, Kansas City Southern (NYSE:...
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With their deal crippled, Great Plains and Westar head into unknown territory
After facing a huge defeat from the Kansas Corporation Commission, which unanimously denied the application to acquire Westar Energy Inc., Great Plains Energy Inc. now has officially suspended its...
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CommunityAmerica CEO discusses controversial move into commercial banking
There are few topics that raise the ire of bankers more than hearing about credit unions offering commercial banking services, but that won't stop CommunityAmerica Credit Union from moving forward on...
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The great Steak 'n Shake 'Pickle Car' dispute nears a conclusion
Two marketing firms embroiled in a patent dispute about designs for the paperboard cars included with children's dinners at Steak 'n Shake are finalizing a settlement. Kid Stuff Marketing in Topeka...
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Greitens appoints Jackson County judge to Supreme Court
Missouri Gov. Eric Greitens chose a Jackson County judge to fill the vacancy on the Missouri Supreme Court created by the death of Richard Teitelman. His appointee, Brent Powell, has been a Jackson...
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Mazuma plans new Crossroads location as part of 'branching spree'
Mazuma Credit Union has aggressive expansion plans for its branch network during the next few years and is kicking it off with a prominent new location in the Crossroads Arts District. The new...
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Federal court permanently bans Olathe tax preparer
Everett Bias and his Olathe-based business were permanently banned from the federal tax preparation business by the U.S. District Court of Kansas. Bias and Integrity Solutions Tax Consultants Inc. were...
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Simmons Bank beefs up management team in expectation of M&A
Ever since Martin Nay became the new Kansas City market president for Simmons Bank in July 2016, he's been busy building up a management team to handle anticipated dramatic growth in the market. The...
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KC's Crossroads: a hub for arts, dining and ... financial services?
Ten years ago, if you would have said the Crossroads Arts District was going to become a coveted hot spot for financial institutions, people would have looked at you like you were crazy. But that's...
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H&R Block tax prep decline brings mixed results
For the fifth year in a row, H&R Block Inc. saw a decline in the number of 2016 tax returns it prepared, dropping 0.8 percent to 19.38 million from 19.55 million the previous year. But that's a...
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List Extra: CommunityAmerica CEO: All phases are driving growth
In the two years since Lisa Ginter took over as CEO, CommunityAmerica Credit Union has experienced record growth each year — and she has no intent of slowing down now. In December 2016,...
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Cover Story: Workforce initiatives from KC Rising
KC Rising Human Capital Work Group Initiatives • Talent-to-Industry Exchanges (TIEs) are work groups that bring business leaders in various industries together with educators to help ensure that the...
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Cover Story: It takes a village to raise a workforce
Everything about Honeywell Federal Manufacturing and Technologies LLC’s local operation is big. It has a $900 million-a-year contract to operate a new $768 million campus for the National Nuclear...
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Eclectic maker Dimensional Innovations' latest creation: room to grow
Dimensional Innovations moved its core sign business into a building by itself, creating room for all of the company's divisions to grow. The Overland Park company handles the design and fabrication of...
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Fresh off charter merger, KC-area bank will get new brand name, leader
Once it completes the process of merging its charter with the bank that acquired it in 2014, Leawood-based Alterra Bank will go through a name change. Alterra Bank will become First Business Bank,...
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With Merit Bank acquisition completed, Academy Bank looks for more
With its acquisition of Merit Bank now closed, Academy Bank is back on the prowl looking for more banks to acquire in the Kansas City area. Academy Bank is owned by Kansas City-based Dickinson...
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Top KC employer adds more space to accommodate hiring hundreds more
Experiencing massive growth and needing more space, Honeywell Federal Manufacturing & Technologies LLC leased 62,500 square feet of office space in the Quintiles Building at 6700 W. 115th St. in...
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UBS will pay $445M in case involving failed Lenexa credit union
Regulators won a settlement of $445 million from UBS AG related to allegations that the company sold faulty mortgage-backed securities to Lenexa-based U.S. Central Federal Credit Union, which failed in...
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PNC brings on U.S. Bank exec to help build corporate banking in KC
PNC Bank continues to build out its corporate banking business in the Kansas City area, enticing a veteran commercial banker to leave U.S. Bank after 13 years. Kyle Myers, who was hired as senior vice...
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