Date Set for One Bank & Trust Sale
Remember the court-ordered sale of controlling interest in Little Rock’s One Bank & Trust we told you about three weeks ago? A date is now set for the event that will bring a change of ownership to...
View ArticleRyan Watley Named CEO of Go Forward Pine Bluff
Ryan Watley has been named CEO-elect of Go Forward Pine Bluff, a volunteer group backed by Simmons First National Corp. that aims to stop the city's population decline and bolster its tax base. Watley,...
View ArticleIn Hearing Today, GOP Begins Work to Undo Dodd-Frank Law
WASHINGTON — Republicans on Tuesday cast former President Barack Obama's law overhauling the nation's financial rules as an obstacle to economic growth as a House panel launched a marathon session to...
View ArticleGOP-Led US House Panel OKs Bill to Overhaul Dodd-Frank
WASHINGTON — A House panel approved legislation Thursday that would undo much of the Dodd-Frank law enacted after the 2008 economic meltdown. The bill cleared the Republican-led House Financial...
View ArticleStone Bank Hires Jared Carver (Movers & Shakers)
Jared Carver has been named a financial analyst for Stone Bank in Little Rock. He was previously a financial analyst for Frost PLLC in Little Rock and with the Hendrix College business office in...
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St. Bernards Medical Center Tops Jonesboro’s Construction Projects List
Construction projects are flourishing in Jonesboro, despite the financial woes plaguing one of its largest commercial ventures. Inside the city limits, $164 million worth of construction is in motion,...
View ArticleLittle Rock Looks Up: 7 Downtown Projects Set to Open by Year's End
A flurry of behind-the-scenes activity indicates a restart is in the works for a key part of the Creative Corridor in downtown Little Rock. Lawsuits and countersuits surrounding unpaid work on the...
View ArticleVouk Transportation Faces Foreclosure on NLR Headquarters
It looks like the logistics company Vouk Transportation Inc. of North Little Rock has hit another rough patch. Bank of Little Rock filed to foreclose on Vouk’s headquarters because it allegedly...
View ArticleSimmons First Not Cooling Its Jets
Simmons First National Corp. purchased a second jet last fall, a 1997 Dassault Falcon 2000, but don’t expect a fleet. The Pine Bluff bank holding company’s first aircraft, a 2005 Cessna 560XL bought in...
View ArticleMore Red Ink for One Bank & Trust
Little Rock’s One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years. Rocked by bad...
View ArticleBank of the Ozarks Expands Board
Bank of the Ozarks Inc. added a member to its board of directors on Monday at its annual shareholders meeting, raising the Little Rock company's board membership to 16 and increasing its female board...
View ArticleU.S. Treasury Buys One Bank & Trust Stock
The U.S. Treasury Department purchased 344,577 shares of stock in One Bank & Trust at a sale conducted in Washington on Monday, the bank's CEO announced. Jerry Pavlas, the CEO, gave no details of...
View ArticleSPONSORED: Staying Poised For A Changing Marketplace
As we quickly approach the halfway point of the year, what can you say you’re doing to bolster your business’ potential in 2017? The future looks bright — job growth is steady and consumer spending is...
View ArticleChris Thyer Joins Centennial Bank's Trust Department
Chris Thyer, the former U.S. attorney for the Eastern District of Arkansas, has joined Centennial Bank as a senior vice president in the bank's trust department. Davy Carter, a regional president for...
View ArticleWLR Office Building Attracts $3.2M Sale (Real Deals)
A 35,520-SF office building in west Little Rock weighed in at $3.25 million. Normandy Place LLC, led by Max Mehlburger, purchased the Markham Executive Center at 10201 W. Markham St. The seller is...
View ArticleArkansas State Bank Department Promotes Three (Movers & Shakers)
Samuel “Tanner” McKnight, Seth Parsley and John David Sonnier have been promoted to bank assistant examiner at the Arkansas State Bank Department. McKnight and Parsley work out of the department’s...
View ArticleSimmons First Completes Purchase of Tennessee Bank
Simmons First National Corp. of Pine Bluff said Monday that it completed its acquisition of Hardeman County Investment Co. Inc. of Jackson, Tennessee, a deal that includes Hardeman's wholly owned bank...
View ArticleTexarkana Convention Center Buyer Makes Request for Reconsideration
The Texas podiatrist who wants to buy the hotel and convention center on the Arkansas side of Texarkana out of bankruptcy asked a judge to reconsider the denial of some tax incentives tied to the...
View ArticleConway Ranch Owners Accused of Default in Lawsuit
The ranch wrangling continues in Conway. That would be the legal tussling over a ranch-and-restaurant complex that led to foreclosure proceedings against Joanie White-Wagoner, administrator and vice...
View ArticleUS Households Owe Record Amount, Topping Pre-Recession Peak
WASHINGTON — U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008, when the financial crisis plunged the economy into a deep...
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