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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 29, 2016
Page
18
A brief summary highlights 0.911 parity and a 2.05 percent loss for the gold or silver measure at 1,275.5 with a 0.58 percent rise. It notes 3-month index trends and related financial data, including 17.762 and 40.8995 figures, indicating market shifts and performance metrics.
A group of 16 Senate Democrats led by Robert Menendez urge regulators to strengthen proposed claw back rules for bank executives. They argue banks should be required to actually reclaim pay after misconduct is discovered, citing Wells Fargo as a case of widespread unauthorized accounts. The letter to SEC FDIC Fed asks for decisive action to deter future misconduct and notes current rules only mandate a policy, not actual recoupment.
West Bancorporation parent of West Bank in Coralville and Town City earned 5.8 million in Q3, 36 cents a share, up from 5.4 million and 34 cents a year earlier. Nine-month net income reached 17 million, 1.05 per share, versus 15.8 million and 98 cents. Growth driven by higher net interest income from loan growth.
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