Banking & Finance Archive

Northwest Arkansas Council Names Nelson Peacock CEO

by Marty Cook 6/13/2017 11:12 am

The Northwest Arkansas Council named Nelson Peacock, a McCrory native and the senior vice president of government relations for the University of California system, as its CEO.

More 'CHOICE' for Community Banks, Farmers and Consumers in Arkansas (U.S. Rep. French Hill Commentary)

by U.S. Rep. French Hill, R-Ark. 6/12/2017 11:14 am

U.S. Rep. French Hill writes on the Financial CHOICE (Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act, which rolls back portion of the Dodd-Frank Act of 2010.

Shabdue Joins Cline Construction Group (Movers & Shakers)

by Arkansas Business Staff 6/12/2017 12:00 am

Jennifer Shabdue has been promoted to assistant project manager at Cline Construction Group in North Little Rock.

CIBC Act Compliance Challenges (Robert T. Smith Expert Advice)

by Robert T. Smith 6/12/2017 12:00 am

The federal Change in Bank Control Act may be the most often overlooked — and one of the most often violated — of all banking regulations.

Rex Nelson, Who's Done it All, Is Back as a Face of the D-G

by Kyle Massey 6/12/2017 12:00 am

Rex Nelson is "home again," doing what he likes best. "That's traveling around and writing about Arkansas," he says.

$2.1M Sale Visits M.M. Cohn Building (Real Deals)

by George Waldon 6/12/2017 12:00 am

Ownership of a 62,688-SF building in downtown Little Rock shifted in a transaction valued at $2.13 million.

Carney Bates Finds Niche in Data Security

by Jan Cottingham 6/12/2017 12:00 am

In the past four years or so, Carney Bates & Pulliam has focused on legal issues surrounding data security and privacy. Data privacy cases now comprise about 40 percent of the firm's business.

Goldens' Meltdown Was Years In Making

by George Waldon 6/12/2017 12:00 am

Instead of saving Allied Bank from the ruinous meltdown of a radio-active loan portfolio he built, Little Rock banker Lex Golden rode the same downward spiral to insolvency.

U.S. House Votes to Roll Back Dodd-Frank Financial Rules

by Associated Press 6/9/2017 07:38 am

The Republican-led House has moved closer to fulfilling President Donald Trump's goal of doing "a big number" on Dodd-Frank, the landmark banking law created after the 2008 economic crisis that was designed to prevent future meltdowns.

How GOP Bill Would Dismantle Many Dodd-Frank Restrictions

by Associated Press 6/8/2017 01:55 pm

Emboldened by a business-friendly president, Republicans in Congress have set a goal that is nothing if not ambitious: To undo the stricter banking rules that took effect after the devastating 2008 financial crisis.

Average US 30-Year Mortgage Rate Falls to 3.89 Percent

by Associated Press 6/8/2017 11:18 am

Long-term U.S. mortgage rates fell this week, as the benchmark 30-year rate declined for the fourth straight week to its lowest level in nearly seven months.

US Household Wealth Ticks Up 1.4 Percent to $94.8T

by Associated Press 6/8/2017 11:16 am

Buoyed by higher stock prices, Americans' household net worth rose 1.4 percent to $94.8 trillion in the first three months of this year, a trend that could support future spending.

Morgan, Preston Give Advice, Share Perspectives at Economic Future Forum

by Sam Hoisington 6/6/2017 11:34 am

Mike Preston of the Arkansas Economic Development Commission and Charles Morgan of First Orion Corp. were the keynote speakers for the final day of the International Economic Development Council's annual Economic Future Forum in Little Rock.

Maumelle Townhomes Ring Up $4.4M Sale (Real Deals)

by George Waldon 6/5/2017 12:00 am

AHBI Windsor Park LLC, led by James Kincannon, purchased its namesake property at 2 Windsor Drive. The seller is Windsor Park Maumelle LLC, led by Hal Crafton.

Focus Bank's Jerry Morgan on Keeping Commodities in the Community

by Arkansas Business Staff 6/5/2017 12:00 am

Jerry Morgan, 47, joined Focus Bank of Charleston, Missouri, in 2013 as its community bank president for its three branches in the Jonesboro market.

Arkansas Business Presents the 40 Under 40 Class of 2017

by Gwen Moritz 6/5/2017 12:00 am

This week's Arkansas Business is dedicated to our 24th class of 40 Under 40 honorees, young leaders of business, government and nonprofits selected by an internal committee from a field of about 400 nominations submitted by readers.

Home BancShares Added to S&P MidCap 400

by Arkansas Business Staff 5/31/2017 04:47 pm

Home BancShares Inc. of Conway, parent company of Centennial Bank, announced Wednesday that it will be added to the S&P MidCap 400 and removed from the S&P SmallCap 600 before the market opens on Friday.

US Pending Home Sales Fell Again in April

by Associated Press 5/31/2017 11:28 am

Americans retreated from signing contracts to buy homes in April for the second straight month, a possible sign that a declining number of homes on the market are stifling sales during the traditional spring buying season.

Financial Cleanup Continues in Main Street Lofts Mess

by Arkansas Business Staff 5/29/2017 12:00 am

More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock.

Homebank Holds Claim in El Dorado Man's $3.3M Bankruptcy

by Arkansas Business Staff 5/29/2017 12:00 am

El Dorado businessman Darrell Lee Madding recently filed for Chapter 7 bankruptcy liquidation, listing $3.3 million in debts and $4.4 million in assets.

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