Colorado is part of a $56.75 million multi-state settlement with Wells Fargo to settle allegations related to municipal bond derivatives. The suit alleges misconduct by people working at Wachovia, which Wells Fargo acquired in 2008, and says those people engaged in anti-competitive conduct in the municipal bond derivatives industry. The settlement is a component of […]
Vectra Bank Colorado and Amegy Bank of Texas have opened a regional energy banking office in Denver. Both banks are affiliates of Zions Bancorporation. The office will provide energy banking services such as lending, treasury management, commodity risk management and trust management for oil, gas and other mineral properties, as well as investment and international banking services.
Having a “diversified” portfolio is all the buzz, said David Twibell, executive vice president and director of wealth management for Colorado Capital Bank, but it can’t be random or haphazard — it has to be smart diversification. “People think they’re diversified if they have 100 different stocks. But if 95 percent of them are U.S.
U.S. private equity fund-raising slipped in the third quarter, raising concern that raising money is losing momentum. Thanks to a strong start to the year, private equity fund-raising is set to top the $95.9 billion raised in 2010, according to Dow Jones LP Source. Private equity funds raised $24.8 billion in the third quarter, accounting […]
Sometimes it’s nice to hold all the power. The British are fairly pleading with American businesses to apply for contracts for the London 2012 Olympic and Paralympic Games. Pardon the pun, but it’s a golden opportunity to make some cash — the Brits have a $12 billion budget for Olympic games-related contracts, including direct procurement […]
Traditionally, business people in Colorado Springs choose to invest in real estate, leaving little money for venture capital or angel investing for the city’s startups. A local venture capital group wants to change the local culture by inviting Denver investors and companies to the Springs. Organizers and business leaders believe collaboration with neighbors to the […]
Take out those pens or pencils and test your knowledge about credit in America and credit card policies by taking this quiz from the Public Broadcasting Station program Frontline. The answers are at the bottom of the page (but don’t cheat) along with more information about credit in America. 1. How many credit cards does the average American family have?
My fears — that all the espresso in the city would not suffice to keep me awake during an early morning international business seminar — were entirely unfounded. Roy Becker’s presentation to a group for the Office of International Affairs at the Pikes Peak Workforce Center was witty, memorable and useful.
Rob Slee was the keynote speaker at the inaugural Private Capital Markets Conference held Tuesday at Cheyenne Mountain Resort. Slee is managing director of Robertson and Foley, and an adjunct faculty member at Loyola University. He has written several books and hundreds of articles about private finance. The conference was sponsored by BiggsKofford, The Jensen Group at Smith Barney and U.S. Bank.
Equilibrium — when supply equals demand — or disequilibrium, the opposite, of course, can exist in either the capital markets or in the goods markets. Fred Crowley, senior instructor at the College of Business at the University of Colorado at Colorado Springs, was the keynote speaker at an Artemis luncheon on Monday at the Penrose […]
Protecting intellectual property is akin to traveling by air, land or water. One can reach a destination by different or multiple means. Three panelists discussed the various ways to protect intellectual property during a Middle Market Entrepreneurs seminar at The Antlers Hilton. There are three types of patents available: utility, design or plant (as in […]
The Internal Revenue Service is encouraging business taxpayers, associations and other interested parties to submit topics for resolution involving a controversy, a dispute or an unnecessary burden on taxpayers to the Industry Issue Resolution Program. The objective of the IIR program is to resolve business tax issues common to significant numbers of taxpayers through new and improved guidance.