Banking & Finance Archive

Arkansas Business Seeks Info on Minority-, Woman-Owned Businesses

by Arkansas Business Staff 8/15/2017 11:35 am

Arkansas Business is seeking minority-owned or woman-owned businesses in Arkansas for new lists to be published Sept. 4.

SPONSORED: Combat Identity Theft With Alertness And Preventive Steps

by 8/14/2017 08:00 am

Thieves use a variety of methods to obtain personal information. But there are physical and online measures that can be taken for protection.

Crossett Bank Looking for Boss, Not Buyer

by Arkansas Business Staff 8/14/2017 12:00 am

The hunt is on for a new president and CEO of First National Bank of Crossett.

Shining Armor Bank Gets Beyond Tough ROE

by Arkansas Business Staff 8/14/2017 12:00 am

Armor Bank, fourth-from-the-bottom on the July 24 list of Arkansas banks ranked by 2016 return on equity, has new ownership since posting that -4.28 percent ROE.

Court Blows Out Hanna's Candle Case

by Arkansas Business Staff 8/14/2017 12:00 am

Last week, the 8th U.S. Circuit Court of Appeals ended Hanna's Candle Co.'s nearly seven-year legal battle with Bank of America.

Westrock, Circumference Join Money Managers List

by Gwen Moritz 8/14/2017 12:00 am

Stephens Inc. remains the largest broker dealer operating in the state, and its two registered investment advisers have combined assets under management approaching $12 billion to dominate the money managers list.

Crawford Succeeds Brock at Citizens' Trust Department

by Gwen Moritz 8/14/2017 12:00 am

G. Gene Crawford II, who had been CEO of First National Bank of Crossett, has returned to his hometown to succeed Robin Brock as head of trust services at Citizens Bank of Batesville.

Adviser's Cash Withdrawals Lead Feds to Sportsbook in Rogers

by Mark Friedman 8/14/2017 12:00 am

A federal investigation into suspicious cash withdrawals from a financial adviser's personal bank accounts led agents to uncover a large-scale illegal gambling operation in Benton County.

AI Advisers See New World in Wealth Management

by Jan Cottingham 8/14/2017 12:00 am

Artificial intelligence — AI — software that employs “machine learning” has made huge strides in the past few years, primarily because of improvements in computer processing power and data storage.

Whose Freedom Wins? (Paul Dodds Commentary)

by Paul Dodds 8/14/2017 12:00 am

Americans typically have no effective individual power to refuse when companies hand us “take it or leave it” one-sided agreements of adhesion. Without regulatory limits and access to courts, we are constantly subject to corporate tyranny of contract.

Heartland, One Bank Rack Up More Losses

by George Waldon 8/14/2017 12:00 am

The second-quarter results continued in the red at two Little Rock banks doing business under regulatory agreements.

First Security Bank Plans Mixed-Use Branch in Bentonville

by George Waldon 8/14/2017 12:00 am

The $5.4 billion-asset lender is developing a three-story mixed-use facility a half-block from the historic town square.

Court Approves Heartland's Sale of Community State Bank

by George Waldon 8/14/2017 12:00 am

A bankruptcy judge signed off on the sale of Community State Bank of Bradley, the prime asset of its parent company, Allcorp Inc.

Bowman Curve Draws $7.1M Transaction (Real Deals)

by George Waldon 8/14/2017 12:00 am

Bowman Curve I & II LLC, an affiliate of Cooper Realty Investments Inc. of Rogers, sold its 60,779-SF retail center in west Little Rock.

U.S. Household Debt Passes 2008 Peak

by Arkansas Business Staff 8/14/2017 12:00 am

Household debt in the United States reached $12.73 trillion in the first quarter of 2017, finally surpassing its $12.68 trillion peak reached in the third quarter of 2008, the height of the financial crisis.

Bank Street Partners Names Centennial Bank Best in State

by Arkansas Business Staff 8/11/2017 01:47 pm

Bank Street Partners has named Centennial Bank the top overall bank in Arkansas, parent company Home BancShares Inc. of Conway announced Wednesday.

Citizens Bank To Break Ground on New Headquarters

by Arkansas Business Staff 8/11/2017 01:39 pm

Citizens Bank on Wednesday announced that a groundbreaking ceremony for its new headquarters at 655 St. Louis St. in Batesville has been scheduled for 5:30 p.m. Tuesday.

Ecclesia College Woes Multiply Under Federal Investigation

by George Waldon 8/7/2017 12:00 am

Ecclesia, the private Christian college in Springdale, is facing yet another federal investigation, this one by the U.S. Department of Education.

Barr, Archer Named Department Chairs at UAMS (Movers & Shakers)

by Arkansas Business Staff 8/7/2017 12:00 am

Dr. Frederick “Rick” E. Barr has been hired as chair of the Department of Pediatrics and associate dean for child health at the University of Arkansas for Medical Sciences, as well as pediatrician-in-chief for Arkansas Children's Hospital, and Dr. Robert L. “Lee” Archer has been named chair of the Department of Neurology.

Total Student Loan Debt Reached $1.3 Trillion in 2016

by Arkansas Business Staff 8/7/2017 12:00 am

Student loan debt hit $1.3 trillion by the end of 2016, an increase of 170 percent over debt totals in 2006, the Federal Reserve Bank of New York reported earlier this year.

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