Banking & Finance Archive

Governor's Quality Awards Go to 28 Arkansas Organizations

by Arkansas Business Staff 9/16/2014 08:28 am

The 20th annual event was held at the Marriott Hotel in downtown Little Rock before an audience of more than 400 business and civic leaders. In addition to recognizing the winers, 16 past awards recipients were recognized.

John Rogers Asks for Dismissal of Brace Suit

by Arkansas Business Staff 9/15/2014 12:00 am

North Little Rock sports memorabilia dealer John Rogers denied the allegations of breaching a contract with a photographic estate and asked for a dismissal in Pulaski County Circuit Court last week.

Regions Bank Adds Waylan Wiggins to Roster

by Arkansas Business Staff 9/15/2014 12:00 am

Regions Bank has scored a nice hire: Waylan Wiggins, previously president of the Stuttgart branch of Arkansas County Bank of DeWitt.

Harvest Problems Crop Up in Turner Grain President's Bankruptcy Case

by Arkansas Business Staff 9/15/2014 12:00 am

Lee County farmer Keith Wilkison has asked for an emergency hearing in the personal bankruptcy case of Turner Grain President Dale Bartlett so Wilkison can harvest more than 400 acres in Lee County.

East-Harding Makes Kathy Robinson New CFO (Movers & Shakers)

by Arkansas Business Staff 9/15/2014 12:00 am

Kathy Robinson has been promoted to chief financial officer for East-Harding Construction of Little Rock. She was formerly controller and has worked for East-Harding for more than 10 years.

Simmons First Trust to Buy Talbot Capital Management

by Arkansas Business Staff 9/12/2014 03:24 pm

Simmons First Trust Co. said Friday that it has agreed to purchase Talbot Capital Management Inc. of Pine Bluff for an undisclosed price.

First Arkansas Bank Sues NLR Businessman John Rogers for $14.2M

by George Waldon 9/8/2014 01:46 pm

First Arkansas Bank & Trust has sued to collect $14.2 million from North Little Rock businessman John Rogers. Meanwhile, Rogers is no longer involved in day-to-day operations of the photo archive and sports memorabilia venture and hasn't been for more than six months, according to Mac Hogan, who's now running the business.

ARK Challenge: Acorn Hours Solving 'Real Problem'

by Mark Carter 9/8/2014 10:41 am

Acorn wants to "intertwine" accountability and service when it comes to tracking service hours, help young people tell their stories and be "catalysts for change," and free up teachers from sometimes tedious paperwork.

Arvest Forecloses on Downtown LR Building Owned by Matt Lile

by Arkansas Business Staff 9/8/2014 12:00 am

The bank's foreclosure is on two loans totaling more than $821,500 secured by the 20,332-SF building at the northeast corner of Center and Sixth streets. The property is the home of EJ's restaurant in downtown Little Rock.

No Banking Future for Former First Southern CEO Woody Castleberry

by Arkansas Business Staff 9/8/2014 12:00 am

Thanks to the fraud of convicted former Little Rock attorney Kevin Lewis, Woody Castleberry will never work in banking again. Castleberry told us last week that his settlement with the Federal Deposit Insurance Corp. was finally approved. He won't have to pay a penalty, but he agreed never to be involved in banking again.

Relyance Lures Straessle Away from First Security

by Arkansas Business Staff 9/8/2014 12:00 am

David Straessle, who had been president of the Little Rock market for First Security Bank of Searcy since 2011, was hired last Thursday to do the same job for Relyance Bank of Pine Bluff.

Bank of the Ozarks Taps Keesee To Lead Western Division (Movers & Shakers)

by Arkansas Business Staff 9/8/2014 12:00 am

Don Keesee has been named western Arkansas division president at Bank of the Ozarks. Keesee, who has more than 30 years of financial experience in Arkansas, worked for Arkadelphia-based Summit Bank in Fort Smith until its recent acquisition by Bank of the Ozarks.

The Beauty of New Market Tax Credits (James Harkins Commentary)

by James Harkins 9/8/2014 12:00 am

One of the most important parts of my job as a real estate professional is understanding the financial tools available to clients. The goals of most buyers, as well as of those needing help with new construction or substantial rehabilitation projects, would be impossible to achieve without guidance on financing.

Toymaker Redman's Rough History Doesn't Deter State Investment

by Marty Cook 9/8/2014 12:00 am

The state's top economic development official said he has no undue concerns about a $2 million taxpayer investment in Redman & Associates, despite the CEO's bankruptcy a decade ago and subsequent litigation, including a lawsuit related to the product the company is manufacturing in Rogers.

Update: 14 Laid Off By Toy Car Maker in Blow to Wal-Mart's 'Made in USA' Initiative

by Marty Cook and Gwen Moritz 9/5/2014 04:03 pm

Redman & Associates filed a federal lawsuit Friday accusing a Chinese company of engaging in an "underhanded strategy" in an attempt to derail Wal-Mart's attempts to bring manufacturing back to the U.S.

Simmons First Completes Delta Trust Acquisition

by Arkansas Business Staff 9/2/2014 08:43 am

Simmons First National Corp. of Pine Bluff has completed its acquisition of Delta Trust & Banking Corp. of Little Rock.

One Bank Makes Claim on Branch Property Titled to Scooter Stuart Partnership

by Arkansas Business Staff 9/1/2014 12:00 am

A lawsuit challenges who owns the OneBanc branch at 14711 Cantrell Road in west Little Rock. Real estate records indicate a general partnership called Bank Partners. One Bank & Trust claims it is the rightful owner.

Simmons' Deal for Delta Trust: 3 Years Coming

by George Waldon 9/1/2014 12:00 am

The acquisition of Little Rock's Delta Trust & Banking Corp. by Simmons First National Corp. of Pine Bluff was announced in March and should be completed by the end of the month. But the merger dance began three years ago.

Scooter Stuart's Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year's number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

Johnny Allison Donates $5M to Arkansas State Athletics Department

by Lee Hogan 8/26/2014 04:06 pm

Johnny Allison, chairman of Home BancShares Inc. of Conway and an Arkansas State University alumnus, made the largest personal gift commitment in the A-State athletics department's history: $5 million.

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