First hotel checks in to Denver’s RiNo neighborhood. It won’t be the area’s only accommodations for long
Denver’s River North Art District has emerged as an attractive day-trip destination for tourists in recent years. Walk around, check out the street art, dine at a diverse and growing number of restaurants and drink at hip bars.
Once they day is done, though, it’s time for RiNo visitors to jump in Lyfts bound for hotels in the Central Business District or, if it’s a locals’ experience they want, hoof it to the Airbnb in the neighborhood. Right?
Not anymore.
RiNo welcomed its first hotel Monday, when The Ramble opened for business. The 33,000-square-foot, 50-room boutique brings life to a patch of land at the corner 25th and Larimer streets that the hotel’s creator, Gravitas Development Group, has been holding onto for eight years.
“Every great neighborhood needs a great boutique hotel,” Gravitas partner Ryan Diggins said last week. “For me, this is the neighborhood I spend all my time in. This is where I eat, drink and explore — and the hotel was the logical extension of that.”
Roo..
Another ex-State Street worker arrested over allegedly hidden fees
A former executive at State Street Corp. was arrested Friday in connection with his role in an alleged scheme to secretly charge a client higher commissions than it had been told to expect.
Massachusetts resident Kevin Walker, a State Street (NYSE: STT) employee from 2004 to 2015, has been charged with conspiracy to commit wire fraud in federal court in Boston. He is at least the fourth employee of the Boston-based financial giant to be charged in recent years with fraudulently imposing fees on…
Local financial advisers top Barron’s Missouri, Kansas lists
The Kansas City area had nine financial advisers recognized by Barron’s magazine, including the those holding down the top spots for Kansas and Missouri.
Michael Jefferies of UBS Financial Services in Kansas City was named the top financial adviser in Missouri. Jefferies is managing director for the Jefferies/Bret Wealth Management Group in Kansas City, a team of 12 providing investment advisory wealth management services to retirement plans, private clients, corporations and institutions.
There…
Former Frost Bank execs shepherd Texas expansion for wealth manager Argent Trust
The firm is opening offices in Austin, Dallas and Fort Worth — and three former Frost Bank executives have been tapped to head up the offices.
SBA loan approvals, dollars fall short in April
Small businesses in Western New York continue to get approved for loans guaranteed by the federal government, but at a pace that's slower than last year.
Through April – seven months into the government's 2018 fiscal year – 480 loans were approved in the U.S. Small Business Administration's Buffalo District Office. The loans were OK'd through the SBA's popular 7(a) lending program.
That reflects a nearly 7 percent drop from the same time last year when 516 loans were approved.
Dollars are…
A surprise leader emerges for the KC area’s SBA loans
In its first full year in the Kansas City area, Core Bank made $14.8 million in Small Business Administration loans through the first half of the federal fiscal year — two times more than any other bank.
Number of Texas deals kept steady last year, but investors now brace for uncertainty
There were 218 mergers and acquisitions in Texas last year, about even from the year before. But the market has already felt the tremors from this year’s wobbles on Wall Street and a return of volatility in stocks.
USAA to enter Houston market with ATMs
Update: This story was updated May 4 with USAA's response.
San Antonio-based USAA, a major bank serving U.S. military families, is growing in Houston through branded ATMs.
USAA plans to open up to eight branded ATMs in the Houston area after contracting with Houston-based ATM manager Flite Banking Centers LLC. The ATM rollout follows Virginia-based Navy Federal Credit Union's recent entry into the Houston market with multiple branches in the Bayou City starting this past November.
The bank…
San Antonio’s iconic 300 — USAA
In 1922, 25 U.S. Army officers decided to insure each other after discovering that, as military officers, they were considered a high-risk group for insurers.
Bank of America names new entertainment industries group leader
Bank of America Merrill Lynch has named Jason Feuerstein, previously with MUFG Union Bank, as head of its entertainment industries group, succeeding Dan Timmons, who accepted a promotion at the bank.
Feuerstein will lead the Los Angeles-based team focused on providing various commercial banking, wealth management and investment banking services to clients in the media and entertainment industries across the United States, reported media industry website Deadline.com.
Feuerstein previously was…