Banking & Finance Archive

Tom Gibbons Fires Latest Shot in Walter Quinn Disputes

by Arkansas Business Staff 3/26/2018 12:00 am

A new lawsuit has been filed against Walter Quinn and his Quinn Investments Ltd. and Quinn Management Co.

In Personal Use of Company Jets, Tyson Soars

by Mark Friedman 3/26/2018 12:00 am

Arkansas Business reviewed proxy documents from 17 publicly traded companies based in Arkansas to report on those that offer executives the perk of using the company jet for personal trips.

Plan Now for a 'Black Sky Event' (David Maxwell Commentary)

by David Maxwell 3/26/2018 12:00 am

The causes that would trigger a black sky event take the response and restoration to a new level. In a longer electrical outage, the cascading effects magnify.

Second Bass Pro Sale Produces $25.4 Million (Real Deals)

by George Waldon 3/26/2018 12:00 am

An affiliate of the Diane & Guilford Glazer Foundation in Beverly Hills, California, purchased the 104,359-SF project at 1 Bass Pro Drive.

Tardy Attorney Matt Campbell Challenges $1.8M Verdict

by Mark Friedman 3/26/2018 12:00 am

Little Rock blogger and attorney Matt Campbell's “calendaring mistake” caused him to miss practically all of his clients' jury trial in February 2017, a trial that ended in a $1.8 million judgment.

UCA Climbs Aboard Blockchain Bandwagon

by Sarah Campbell-Miller 3/26/2018 12:00 am

Late last month, the University of Central Arkansas in Conway became the first college to join the Blockchain in Transport Alliance, an international trade organization that focuses on developing blockchain standards and education for the transportation industry.

Frisbee Gets Full Plate at First Community Bank (Movers & Shakers)

by Arkansas Business Staff 3/26/2018 12:00 am

Colbey Frisbee has been named community president for First Community Bank in Cabot.

Fed Report: Examiners Tried to Remove Goldens Years Before Bank Failure

by Gwen Moritz 3/22/2018 11:44 am

A report concludes that federal bank regulators recognized that Lex Golden was a poor banker and that his family was abusing its control of Allied Bank for years.

Foreclosure Sale Falls Through in Walter Quinn Case

by Arkansas Business Staff 3/19/2018 12:00 am

The auction, scheduled for Feb. 8 at the Pulaski County Courthouse, was called off at the 11th hour, and the financial dispute has gone quiet.

Eagle Bank Mortgage Spreads Wings Across Four States

by Arkansas Business Staff 3/19/2018 12:00 am

Eagle Bank of Little Rock now has a total of 30 loan officers in four states: Arkansas, Mississippi, Idaho and Louisiana.

Peoples Bank Forecloses on Fayetteville Developer

by Arkansas Business Staff 3/19/2018 12:00 am

Peoples Bank of Westville, Oklahoma, has filed a foreclosure suit against Fayetteville developer William Lazenby.

Commercial Real Estate Loans See Steady Growth

by Arkansas Business Staff 3/19/2018 12:00 am

Commercial real estate loans reached $2,092.2823 billion — or over $2 trillion — in February, according to the Federal Reserve.

Grove at Pleasant Ridge Visited By $19M Sale (Real Deals)

by George Waldon 3/19/2018 12:00 am

An investment group led by Canyon View Capital of Santa Cruz, California, bought The Grove at Pleasant Ridge in west Little Rock.

George Gleason Pay Rises to $6.9M

by Lance Turner 3/16/2018 11:17 am

George Gleason, 64, chairman and chief executive officer of Little Rock's Bank of the Ozarks, received total compensation of nearly $6.9 million during 2017.

Bank of the Ozarks Wants Name Change: Bank OZK

by Lance Turner 3/15/2018 03:34 pm

Publicly traded Bank of the Ozarks of Little Rock said Thursday that it wants to change its name to Bank OZK "as part of a strategic rebranding." Shareholders must approve the change, which would take effect in July.

Stock Awards Boost Comp for Simmons First Executives

by George Waldon 3/15/2018 02:44 pm

Compensation increased for two of the most highly paid executives at Pine Bluff's Simmons First National Corp.

Manila Company Claims Assets of $100 in Bankruptcy

by Arkansas Business Staff 3/12/2018 12:00 am

More details emerge in the case of Jim Ed Robins LLC of Manila, along with information about the personal bankruptcy filing of Jim Ed Robins, who listed many of the same debts as his namesake company.

Sherwood Pediatrics Plus Sold for $9.5M

by Arkansas Business Staff 3/12/2018 12:00 am

A Sherwood developmental preschool, a North Little Rock hotel, farmland in Faulkner County, a real estate trade in Conway and residential acreage in Saline County combine for this week's group of million-dollar transactions.

Bentonville Man Faces $900K Foreclosure from BancorpSouth

by Arkansas Business Staff 3/12/2018 12:00 am

BancorpSouth Bank of Tupelo, Mississippi, has filed a foreclosure suit against a Bentonville man and his nearly $900,000 home.

A Reason for Every Regulation (Gwen Moritz Editor's Note)

by Gwen Moritz 3/12/2018 12:00 am

Regulations are a way that our society, through our elected government, levels out playing fields and creates transparency and protects the weak from abuse by the strong.