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07.16.2009 11:03 pm

Two giants emerge from the ruins on Wall Street

BY GRAHAM BOWLEY
New York Times

A new order is emerging on Wall Street after the worst crisis since the Great Depression — one in which just a couple of victors are starting to tower over the handful of financial titans that…

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11.14.2008 2:22 pm

Commerce Bank rejects Treasury capital

St. Louis Post-Dispatch

Uncle Sam is offering cheap funding, but Commerce Bank says no thanks.  The bank, the largest run from St. Louis, said today that it won’t apply for a capital injection from the the Treasury Department’s Troubled Asset Relief Program, or TARP.

“Commerce’s earnings,…

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08.28.2008 10:59 am

UMB appoints Chulick head of St. Louis region

St. Louis Post-Dispatch

UMB Financial Corp. today said that W. Thomas Chulick is the new chairman and chief executive of UMB Bank St. Louis.

Chulick, 53,  will continue to lead UMB Asset Management, supervising private banking and personal trust services in the St. Louis region.…

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02.12.2008 7:35 am

Stifel reports 92 percent increase in Q4 profit

St. Louis Post-Dispatch

FROM THE ASSOCIATED PRESS

Stifel Financial Corp. this morning said its fourth-quarter profit rose to $13.8 million, or 77 cents per share, from $7.2 million, or 51 cents per share, during the same period the previous year.

The St. Louis-based investment bank…

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02.06.2008 4:28 pm

Enterprise to sell KC-area bank

St. Louis Post-Dispatch

Updated on Thurs., Feb. 7 at 9:45 a.m. 

Enterprise Financial Services Corp. has agreed to sell a bank in the Kansas City area that it had owned for about a year.

First Financial Services Bancshares Inc. of Lawrence, Kan., will pay $6.5…

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01.23.2008 5:54 pm

First Bank reports drop in Q4 earnings

St. Louis Post-Dispatch

First Banks Inc. said its earnings fell 78 percent to $3.3 million in the fourth quarter as the bank holding company struggled with the decline in the real estate market and a shrinking net interest margin.

For the year, earnings were…

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01.14.2008 11:50 am

Stifel buys 250,000 shares from BankAtlantic

St. Louis Post-Dispatch

Stifel Financial Corp. said it bought 250,000 shares from BankAtlantic Bancorp. for $10.6 million in a private deal.

BankAtlantic got the shares when Stifel bought Ryan Beck Holdings Inc. from the bank on Feb. 28 last year. Stifel paid $42,35 a share, the…

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