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Berkshire Spends $4B For Stake In JPMorgan Chase

PYMNTS

Berkshire Hathaway , the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of the four largest U.S. The paper cited a Securities and Exchange Commission filing.

Omaha 152
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Youth Sports: Don’t Wink At The Ref — Just Pay Them Faster

PYMNTS

The February Faster Payments Tracker , powered by Fiserv , examines the latest instant payment solutions around the globe, as well as how companies are tapping them to support supply chains and other operations. including one from TD Ameritrade , a Nebraska-based brokerage firm. Deep Dive: Security in the Time of Faster Payments.

Nebraska 144
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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

Hype over distributed ledger technology (DLT) has certainly led to a bump in shares for companies operating in the space — and even for some companies with seemingly no connection to the tool. Securities and Exchange Commission (SEC) has reportedly blocked trading for UBI Blockchain stock, based in Hong Kong.

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Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?

PYMNTS

Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. Cosi now plans to close 29 of its underperforming company-owned stores and has secured $4 million in debtor in possession financing from a string of investors who want to buy the chain out of bankruptcy. Claire’s Stores, Inc.,

Boston 100
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The Roil Over B2B Payments Rails

PYMNTS

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. The network is valuable because it connects all the end points to which those payments must be made and complies with the regulations that assure the secure movement of those funds.

Payments 192
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The top-performing community banks of 2021

Independent Banker

Nebraska State Bank. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. Underlying BankVista’s success has been a management philosophy focused on open debate about how to improve, Freeman adds. Michael Bartkoski, executive vice president and chief operating officer, NBKC Bank. Tuscaloosa.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. It supports the claim by highlighting its efficiency ratio is in the top 2% of UBPR peers, and its operating expenses as a percent of average assets are in the top 12% of peer banks. Congratulations to them.