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11.04.2009 12:02 pm

Banks bear most costs of bank rescues, Kemper says

St. Louis Post-Dispatch

St. Louis banker David Kemper doesn’t like some of the rhetoric he’s hearing about bank bailouts. In particular, he said this morning in a speech at Washington University’s Olin School of Business, he doeesn’t like the fact that banks have…

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03.12.2009 11:00 am

Commerce’s Kemper earns $2.47 million

St. Louis Post-Dispatch

David Kemper earned $2.47 million as chief executive of Commerce Bancshares last year, including a 3.7 percent salary increase and a bonus that was 50 percent of his target award. Commerce’s proxy statement discloses, however, that executive salaries are frozen this year.

Kemper’s pay package last year…

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01.05.2009 11:44 am

Commerce, Esco shares join the gainers for 2008

St. Louis Post-Dispatch

A year-end rally meant that six St. Louis companies saw their stock prices rise in 2008, up from the four I highlighted in a previous post. Commerce Bancshares and Esco Technologies eked out gains to join the four solid performers…

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10.17.2008 5:56 pm

Kemper: Commerce may apply for federal funds

St. Louis Post-Dispatch

David Kemper, chief executive of Commerce Bancshares, says he’s thinking seriously about applying for some of the $250 billion that the U.S. Treasury plans to invest in the banking system. He told a forum at Washington University:

They are clever enough that…

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10.08.2008 3:11 pm

Big banks are getting bigger here

St. Louis Post-Dispatch

Bigger isn’t necessarily better in the banking business, as some recent failures prove, but the biggest banks in St. Louis have gained market share lately at the expense of regional players. U.S. Bank, No. 1 in the market, increased its lead over…

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09.24.2008 4:05 pm

Express Scripts wonders why it’s on don’t-short list

St. Louis Post-Dispatch

The list of financial stocks that come under the SEC’s short-selling ban keeps growing, and some of the additions are real head-scratchers. Ford, General Electric and General Motors are puzzling enough, but they seem to be on the list because each…

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