Banking & Finance Archive

Bank of the Ozarks Getting Ready for Groundbreaking on New HQ

by Arkansas Business Staff 8/22/2016 12:00 am

Bank of the Ozarks acquired more than 46 acres of mostly undeveloped property this summer, in preparation for its new headquarters. Those deals on the western end of The Ranch development totaled more than $12.5 million.

Presumed Innocent (Gwen Moritz Editor's Note)

by Gwen Moritz 8/22/2016 12:00 am

While I firmly believe in the presumption of innocence, I used to also assume that the awesome power of the government — especially the federal government — is never wielded cavalierly. The John Stacks case has challenged that assumption at every turn.

OK Foods Promotes Pair in Fort Smith (Movers & Shakers)

by Arkansas Business Staff 8/22/2016 12:00 am

Amy Szadziewicz has been promoted to vice president of quality and food safety at OK Foods Inc. of Fort Smith, and Brent Glasgow has been promoted to vice president of operations.

Holiday Inn Express Sale Checks In at $5.1 Million (Real Deals)

by George Waldon 8/22/2016 12:00 am

A limited liability company led by Ishverbhai Govind purchased the 1.5-acre, 69-room hotel on East McCain Boulevard in North Little Rock.

Mike Malone Stepping Down As Northwest Arkansas Council CEO

by Arkansas Business Staff 8/18/2016 03:41 pm

Mike Malone announced he will leave the Northwest Arkansas Council where he has served as president and CEO of the nonprofit since 2006.

3 Things Every Business Should Know About Attorney-Client Privilege (Rodney Moore Commentary)

by Rodney Moore 8/17/2016 09:34 am

Understanding how the attorney-client privilege works is important for businesses of all types and sizes. Here's three key things every business should know about attorney-client privilege.

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

by 8/17/2016 08:29 am

A retirement plan review with experts can reduce risk and maximize benefit to employees.

'Problem Assets' Spur Fundraising at Heartland Bank

by Arkansas Business Staff 8/15/2016 12:00 am

The parent company of Heartland Bank is raising $3 million “to meet the working capital needs of the holding company while we're preserving the capital of Heartland Bank,” said Judy Lawton, president.

Arkansas Employers Help With Retirement Advice, Tools

by Marty Cook 8/15/2016 12:00 am

David George doesn't apologize for using scare tactics when he gives seminars at part of the Investor Education Program for the Arkansas Securities Department.

Arkansas Homeowners No Longer Playing With House Money

by Kyle Massey 8/15/2016 12:00 am

Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. After all, interest rates were low, homebuyers were eager, and everyone knew that housing could never decline in value. Well, that last part turned out to be a fairy tale.

The Truth Is Out There (Gwen Moritz Editor's Note)

by Gwen Moritz 8/15/2016 12:00 am

This keeps me awake at night: The knowledge that there are important stories of value and interest to my readers, or of importance to our community or our country, that aren't being reported because news organizations don't know about them and there might not be enough warm bodies to do the work even if we did.

Townsell, King Take New Roles at Centennial Bank (Movers & Shakers)

by Arkansas Business Staff 8/15/2016 12:00 am

Donna Townsell has been promoted to director of marketing for Centennial Bank of Conway, and Eric King has been named senior business development officer.

Power and Pain of Consensus (Barry Goldberg On Leadership)

by Barry Goldberg 8/15/2016 12:00 am

Mainstream, action-oriented leadership thinkers tend to hate the idea of consensus, opting instead for rapid-fire, quick-decision meetings. The efficiency of pushing quickly for a clear path forward is hard to resist; however, it often steps over or forces underground the kind of resistance that will kill a new idea or initiative — but usually not until most of the time and money are spent.

Unemployment Rates in Arkansas Cities Vary Widely

by Arkansas Business Staff 8/15/2016 12:00 am

Unemployment rates rose slightly in Arkansas metro areas in June, but rates are still lower than a year ago, notes Michael Pakko, chief economist at the Institute for Economic Advancement at the University of Arkansas at Little Rock.

Sale of Former Remington College Exceeds $4.3 Million (Real Deals)

by George Waldon 8/15/2016 12:00 am

EAI Realty Inc., an affiliate of Education America Inc. of Heathrow, Florida, sold the 35,000-SF building in west Little Rock.

No Changes Expected in First State Bank Change of Control Approval

by Arkansas Business Staff 8/8/2016 12:00 am

The Arkansas State Bank Department has given preliminary approval to an application for a change of control at First State Bank of Russellville.

State of the Debate on 'Too Big to Fail' (James Bullard Commentary)

by James Bullard 8/8/2016 12:00 am

Even with the enactment of the Dodd-Frank Act, which has yet to be fully imposed, debate continues on whether “too big to fail” remains an issue or whether the risk to the economy has been mitigated.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state's business community.

What's Your Legacy? (Editorial)

by Arkansas Business Editors 8/8/2016 12:00 am

Even among Arkansas Business' largely affluent readers, few have the resources to make million-dollar donations, but many of our readers are business owners and employers, and every job they provide supports an individual or a family.

Bear State Bank Partners with Fintech Startups, One to Stay in Little Rock

by Sarah Campbell 8/4/2016 10:47 am

Bear State Financial Inc. of Little Rock has partnered with two startups — LumoXchange of Atlanta and Monotto of Charleston, South Carolina — that participated in the first FinTech Accelerator program.