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Bizfocus: Banking

Boison steps up to become U.S. Bank’s market president in central Kentucky U.S. Bank central Kentucky market president, Laura Boison. PHOTO BY EMILY... Read more

Business

First, a little history. It was the depths of the Great Depression. The Banking Act of 1933, often called the Glass-Steagall Act after its co-sponsors, was passed in Congress. It was designed to separate commercial banking and investment... Read more

Business

Since the passage of the Dodd-Frank Act, aimed at preventing another financial crisis like the one that crippled the world’s economies in 2008, the nation’s banking industry has been in flux.The end of the last decade saw... Read more

Business

There is little doubt in viewing recent banking composite data that, in general, community banks located in Kentucky have weathered the Great Recession in far better financial condition than community banks located in many other states.... Read more

Business

The recent financial press obsession with the multibillion-dollar in-house trading loss at JPMorgan Chase & Co. has brought into sharp relief the competing philosophies at play with respect to the so-called Volcker Rule. This discussion... Read more

Business

With the global economic climate appearing to shift daily, financial institutions are constantly looking for newer, more creative revenue streams. The result is that the era of no-charge checking and savings accounts appears to be coming... Read more

Business

The U.S. Supreme Court’s recent decision in RadLAX Gateway Hotel, LLC v. Amalgamated Bank ensures that secured creditors in a bankruptcy proceeding will have the opportunity to credit-bid in auctions of collateral securing their claims.... Read more

Business

Jay Houston, a management consultant at the Lexington office of the Small Business Development Center, which pro-vides one-on-one consultation to local entrepreneurs, has an interesting take on the role of banks in financing start-up... Read more

Business

Before the recession and downtrend in the equine industry, loans for horse owners were much easier to obtain from local banks. Then things changed.“I believe there is currently significantly less liquidity in the equine lending... Read more

Business

Are you smarter than a 10th-grader? At least when it comes to financial literacy? Maybe, but maybe not. Here’s a sample question from the 2012 National Financial Capability Challenge for high school students (ages 13-19). It’s designed... Read more

Business

After nearly four years of recession, the modest American comeback seems encouraging, and a crisis of the euro currency seems a concern, but not a really worrisome problem — right?That would be wrong.What if today is... Read more

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