How GOP Bill Would Dismantle Many Dodd-Frank Restrictions
WASHINGTON — Emboldened by a business-friendly president, Republicans in Congress have set a goal that is nothing if not ambitious: To undo the stricter banking rules that took effect after the...
View ArticleU.S. House Votes to Roll Back Dodd-Frank Financial Rules
WASHINGTON — The Republican-led House has moved closer to fulfilling President Donald Trump's goal of doing "a big number" on Dodd-Frank, the landmark banking law created after the 2008 economic crisis...
View ArticleCIBC Act Compliance Challenges (Robert T. Smith Expert Advice)
The federal Change in Bank Control Act may be the most often overlooked — and one of the most often violated — of all banking regulations. Inadvertent violations have grown more common given the...
View ArticleSimmons First Increases Quarterly Dividend by 4.2 Percent
The Simmons First National Corp. board of directors on Thursday declared a regular $0.25 per share quarterly cash dividend payable July 3, to shareholders of record June 15. This dividend represents a...
View ArticleGoldens' Meltdown Was Years In Making
Nearly seven years ago, Lex Golden began leveraging up with debt in hopes of riding out a financial storm of his own making. Instead of saving Allied Bank from the ruinous meltdown of a radio-active...
View ArticleCarney Bates Finds Niche in Data Security
Trying to protect your privacy by restricting your internet use is like trying "to opt out of fire," said Hank Bates, a partner in the Little Rock law firm Carney Bates & Pulliam. The internet as a...
View Article$2.1M Sale Visits M.M. Cohn Building (Real Deals)
Ownership of a 62,688-SF building in downtown Little Rock shifted in a transaction valued at $2.13 million. Deep Creek LR LLC, led by Victor Pereboom of Prescott, Arizona, bought the M.M. Cohn Building...
View ArticleRex Nelson, Who's Done it All, Is Back as a Face of the D-G
He's been a spokesman for Simmons Bank and the voice of the Ouachita Baptist Tigers. He wrote the first full-length biography of Hillary Clinton and practically wrote the book on Southern barbecue. He...
View ArticleCIBC Act Compliance Challenges (Robert T. Smith Expert Advice)
The federal Change in Bank Control Act may be the most often overlooked — and one of the most often violated — of all banking regulations. Inadvertent violations have grown more common given the...
View ArticleShabdue Joins Cline Construction Group (Movers & Shakers)
Jennifer Shabdue has been promoted to assistant project manager at Cline Construction Group in North Little Rock. She was previously a project coordinator. Education Abdel Bachri has been named interim...
View ArticleMore 'CHOICE' for Community Banks, Farmers and Consumers in Arkansas (U.S....
Community banks were not the cause of the 2008 housing and economic crisis. However, due to the regulatory creation of Dodd-Frank — Washington's response to the crisis — small community financial...
View ArticleNorthwest Arkansas Council Names Nelson Peacock CEO
The Northwest Arkansas Council named Nelson Peacock as its CEO on Tuesday. Peacock, 47, has met with staff members at the council, a private nonprofit, and will take office in July. Peacock replaces...
View ArticleSPONSORED: Budgeting, Forecasting, Planning Set Successful Businesses Apart
Winging it is no way to run your business. You've got too much at stake. Even a small change in your cash flow can cost you tens of thousands. Proper business planning is an essential tool for...
View ArticleHow Fed Hike Will Affect US Consumers and Overseas Economies
WASHINGTON — Credit card holders will soon pay more. So will people with adjustable-rate mortgages or home equity lines of credit. But most would-be home buyers needn't worry. And auto loan rates won't...
View ArticleFerstl Named to St. Louis Fed's Real Estate Council
James T. Ferstl of Little Rock has been named to the Real Estate Industry Council of the Federal Reserve Bank of St. Louis, the bank announced Thursday. Ferstl is the president of Ferstl Valuation...
View ArticlePulaski County’s Most Expensive Home Sales of 2016
Sales of luxury homes in Pulaski County jumped in 2016 to a number not seen since Arkansas Business began tracking them in 2004. Last year, 29 homes sold for $1 million or more, up from 20 in 2015....
View ArticleNorthwest Arkansas' Most Expensive Home Sales of 2016
The number of seven-figure homes sold in Washington and Benton counties almost tripled in 2016 compared with the previous year. Twenty-seven homes in the two counties sold for $1 million or more in...
View ArticleWells Fargo Complains of Delays in Regions Center Bankruptcy
The main creditor in the Chapter 11 bankruptcy reorganization involving the 30-story Regions Center in downtown Little Rock has accused the building’s owners of dragging their feet. The owners’...
View ArticleKeller Williams Market Pro Climbs to No. 2 on List of Top Residential Real...
The top 10 residential real estate agencies in Arkansas didn’t change in 2016, but there was some shuffling of position as eight of the 10 reported higher sales volume than in 2015. Memphis-based...
View ArticleLawsuit Against Stone Bank Changes Venue
If at first you don’t succeed in federal court, take your case to state court. That’s what the former chairman and one-time largest shareholder of Mountain View’s Stone Bank has done in Pulaski County...
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