Home » Posts tagged with » Banking & Finance
Year in review: Banking and finance

Year in review: Banking and finance

For banking and finance, local industry was characterized by intense competition, bank-hopping executives, relationship-building, Frank-Dodd Act compliance challenges and, finally, the return of lending.   January 10 National spotlight: Pikes Peak National Bank recognized Robin Roberts took a seat under some bright lights and the video cameras started rolling. Roberts, president of Pikes Peak National… Continue Reading Year in review: Banking and finance

Small businesses should get to know their banker

Comments Off

The last thing anyone in the Small Business Development Center’s business planning class expected was relationship advice. The participants had spent 13 weeks and 39 hours developing business plans, working the numbers, developing spreadsheets and practicing their 30-second “commercial,” also known as the business pitch. They, the 13 business hopefuls in the class, are sure… Continue Reading Small businesses should get to know their banker

Continue reading …

Families change. Laws change. Be prepared.

Comments Off

Death is the one certainty. But, planning for it is uncomfortable and can be complicated, especially when blended families, multiple marriages and changing estate and probate laws are a factor. The complications could be the reason behind why so few Americans have wills. Only 35 percent have wills and 29 percent have set up power… Continue Reading Families change. Laws change. Be prepared.

Continue reading …

Markle leaves EDC for Central Bank & Trust

Comments Off

Gary Markle has been named market president of Central Bank & Trust in Colorado Springs. He starts Aug. 8. Markle’s banking background includes commercial lending, bank auditing and interest rate risk management. He left banking to form Sendero Corp., a software company that developed the first modeling tools for bank interest rate risk management. He… Continue Reading Markle leaves EDC for Central Bank & Trust

Continue reading …

Small-business owners who lament they cannot access enough capital to buy inventory or expand their businesses now have an economic report to confirm their complaints. The National Small Business Association 2010 Mid-Year Economic Report shows that the lack of small-business access to capital is getting worse, not better. Nearly one-third of small-business owners surveyed said… Continue Reading Lack of capital top issue for small-business owners

Continue reading …

Cameron McCaig gave the big presentation. Now he and co-founder Kathleen Meyer play the waiting game. Will their start-up company, The Trestle Project, be successful? Will it attract investors? What about the beta users they need for their on-line virtual connection service for professionals and clients? Meyer and McCaig followed the advice of their Peak… Continue Reading Hopeful entrepreneurs make their pitch to the PVG

Continue reading …

70 Colorado banks have high rate of bad loans

Comments Off

A bank research firm says the number of Colorado financial institutions with high levels of delinquent loans has jumped from 13 three years ago to 70 today. About 36 percent of the 195 Colorado banks that Bauer Financial Inc. firm tracks have high levels of bad loans, meaning the banks’ nonperforming loans are 3 percent… Continue Reading 70 Colorado banks have high rate of bad loans

Continue reading …

Inflation not a big concern

Comments Off

Barring unforeseen circumstances, the risk of a double-dip recession is “pretty unlikely,” Keith Hembre, U.S Bank’s chief economist, told the audience at U.S. Bank’s Economic Update and breakfast at the Doubletree Hotel on Tuesday. Across the developed world, interest rates are basically at zero. And governments have used unprecedented policy action, so they aren’t apt… Continue Reading Inflation not a big concern

Continue reading …

There’s been a quick turnaround in the psychology of investors, said Bryan Olson, head of portfolio consulting for Charles Schwab & Co. Inc. He likens it to the analogy of pushing a spring down – when it’s released, it springs back hard. Clients and investors definitely have “better attitudes” about the market, and Olson sees… Continue Reading Investor emotion beginning to shift toward glass half full

Continue reading …

No safety in buy and hold anymore

Comments Off

The stock market “basically blew up in everybody’s face,” said David Twibell, director of wealth management for Colorado Capital Bank. “The world is different now in a lot of ways, and clients and investors want to know what the industry is going to do.” Modern Portfolio Theory held that diversification among asset classes was enough… Continue Reading No safety in buy and hold anymore

Continue reading …
Page 1 of 212