Quantcast
Channel: Banking & Finance - ArkansasBusiness.com
Browsing all 4003 articles
Browse latest View live

William Wilder Moves Up at Citizens Bank

He was promoted to executive vice president and commercial loan officer in the bank's central Arkansas market.

View Article


Monty Harrington Reappointed to SAU Board

Harrington's first term began in 2018. He served as board chair for the previous two years.

View Article


SoFi Bank Sues to Block Biden's Student Loan Payment Pause

The bank says its federal student loan refinancing business has suffered because borrowers have little incentive to refinance while payments and interest remain on hold.

View Article

Business Backlash Pushing GOP to Weaken Anti-ESG Proposals

Public pension funds are caught in the debate as big institutional investors.

View Article

Average US Mortgage Rate Up for Fifth Straight Week to 6.73%

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate climbed to 6.73% from 6.65% last week. The average rate a year ago was 3.85%.

View Article


Visa, Mastercard Pause Decision to Track Gun Shop Purchases

There had been hope that categorizing credit and debit card purchases would allow authorities to potentially see red flags — like significant ammunition purchases — before a mass shooting could happen.

View Article

Banks Feel Sting of Fed Fight Against Inflation

As the Fed raises its benchmark interest rate, the value of bonds, typically a stable asset, are starting to fall.

View Article

Teslar Builds on Pandemic Success

The fintech company, which helped simplify the PPP loan forgiveness process during the pandemic, has its sights on new projects.

View Article


Shifting Job Trends in Central Arkansas Economy

The biggest changes were in the wholesale trade and especially the transportation-warehouse-utility sectors.

View Article


Centennial Bank Sues Former Happy State Bank Employees

The $22.8 billion-asset lender sued 17 ex-Happy employees who left last year and allegedly took confidential information on their way out the door to join American State Bank of Arp, Texas.

View Article

Venture Center's Arthur Orduña Hopes to Make Arkansas a Leader in...

Orduña became executive director of The Venture Center, a nonprofit entrepreneurial support organization, in January.

View Article

Mark Bingman Awarded CoStar’s Power Broker Quarterly Deals Award (Movers &...

Bingman is the vice president of commercial sales and a commercial sales broker at RPM Group of Little Rock.

View Article

Biden Tells US to Have Confidence in Banks After 2 Collapse

President Joe Biden insists that the nation’s banking system is safe, seeking to project calm after the collapse of two banks stirred fears of a broader upheaval.

View Article


US Inflation Eases But Stays High, Putting Fed in Tough Spot

U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the...

View Article

McLarty, Murphy Honored at Arkansas Business of the Year Awards

Bruce Murphy, CEO of Arkansas Heart Hospital of Little Rock, won the Business Executive of the Year Award, and Thomas F. "Mack" McLarty was honored for a lifetime of leadership in business and...

View Article


Fed Criticized for Missing Red Flags Before Bank Collapse

Now the consequences of the fall of Silicon Valley Bank, along with New York-based Signature Bank, which failed over the weekend, are complicating the Fed's upcoming decisions about how high to raise...

View Article

Bank Runs Used to be Slow. The Digital Era Sped Them Up

Regulators, policymakers and bankers are looking at the role that digital messaging and social media may have played in the collapse, and whether banks are entering an age when the psychological...

View Article


Relyance Bank Sells Former WLR Branch for $1.7M

Collier International Arkansas, which represented the seller, said the new owners plan to redevelop the property for a new use.

View Article

Skyline Report: Home Sales Down in Northwest Arkansas

The report also says that home construction slowed in the second half of 2022.

View Article

Average Long-Term US Mortgage Rates Come Back Down to 6.6%

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate slid back to 6.60% from 6.73% last week. The average rate a year ago was 4.16%.

View Article
Browsing all 4003 articles
Browse latest View live


<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>