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.
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George Gleason Pay Rises to $6.9M
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Grove at Pleasant Ridge Visited By $19M Sale (Real Deals)
An investment group led by Canyon View Capital of Santa Cruz, California, bought The Grove at Pleasant Ridge in west Little Rock.
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Commercial Real Estate Loans See Steady Growth
Commercial real estate loans reached $2,092.2823 billion — or over $2 trillion — in February, according to the Federal Reserve.
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Peoples Bank Forecloses on Fayetteville Developer
Peoples Bank of Westville, Oklahoma, has filed a foreclosure suit against Fayetteville developer William Lazenby.
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Eagle Bank Mortgage Spreads Wings Across Four States
Eagle Bank of Little Rock now has a total of 30 loan officers in four states: Arkansas, Mississippi, Idaho and Louisiana.
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Foreclosure Sale Falls Through in Walter Quinn Case
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.
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What's Likely as Fed Meeting Ends and Powell Takes Questions
Federal Reserve officials are meeting this week for the first time under their new chairman, Jerome Powell, whose news conference to follow is stirring high anticipation.
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Fed Raises Key Interest Rate by A Quarter-Point
The Federal Reserve is raising its benchmark interest rate and signaling that it is sticking with a gradual approach to rate hikes under its new chairman, Jerome Powell.
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Fed Report: Examiners Tried to Remove Goldens Years Before Bank Failure
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.
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Frisbee Gets Full Plate at First Community Bank (Movers & Shakers)
Colbey Frisbee has been named community president for First Community Bank in Cabot.
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UCA Climbs Aboard Blockchain Bandwagon
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.
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Tardy Attorney Matt Campbell Challenges $1.8M Verdict
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.
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Second Bass Pro Sale Produces $25.4 Million (Real Deals)
An affiliate of the Diane & Guilford Glazer Foundation in Beverly Hills, California, purchased the 104,359-SF project at 1 Bass Pro Drive.
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Plan Now for a 'Black Sky Event' (David Maxwell Commentary)
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.
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In Personal Use of Company Jets, Tyson Soars
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.
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Tom Gibbons Fires Latest Shot in Walter Quinn Disputes
A new lawsuit has been filed against Walter Quinn and his Quinn Investments Ltd. and Quinn Management Co.
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Survey of Business Economists Finds Growing Optimism
Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years.
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US Home Prices Post 6.2 Percent Annual Gain in January
U.S. home prices posted another big gain in January, pushed higher by a shortage of homes for sale.
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Long-Term US Mortgage Rates Move Little; 30-Year at 4.44 Percent
Long-term U.S. mortgage rates moved little this week after a months-long stretch of increases.
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Adam Mitchell of Citizens Bank Says Expansion in Arkansas Will Come Naturally
Adam Mitchell talks about his recent move from Simmons Bank to Citizens Bank as president and chief lending officer.
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