NEW ORLEANS - The federal Paycheck Protection Program officially went live Friday, April 3. The unprecedented initiative aims to provide up to $350 billion to small businesses nationwide to allow them to maintain payroll and prevent an even bigger economic…
NEW ORLEANS – We asked more than 500 local business leaders how they are dealing with the challenges of the global COVID-19 pandemic. Here are some of their insights and observations: How are you coping with the current coronavirus crisis?…
LAFAYETTE – Home Bank announced today that it has earned the highest rating of “Outstanding” for its recent Community Reinvestment Act examination by the Office of the Comptroller of the Currency. The examination includes an evaluation of the bank’s lending,…
NEW ORLEANS - BizNewOrleans has learned that Monday’s IberiaBank deal is not the only Louisiana banking news of the week. Yesterday, the Hammond-based First Guaranty Bank completed the acquisition of The Union Bank in Marksville. First Guaranty has 1.8 billion…
(NEW ORLEANS) - Yesterday’s news that IberiaBank is combining with First Horizon — a bank of similar size based in Memphis, Tenn. — is generating mixed reactions among south Louisiana banking experts. Guy T. Williams, the president and CEO of…
LOUISIANA – With the holidays fast approaching, retailers aiming to boost holiday sales should prioritize seamless, personalized retail experience over flashy technology to ease busy shoppers’ woes. This is the key takeaway from a survey recently commissioned by Cox Business…
BATON ROUGE, La. – Investar Holding Corporation (Nasdaq:ISTR)(“Investar”), and its wholly-owned subsidiary, Investar Bank, National Association, Baton Rouge, Louisiana (“Investar Bank”), today announced that they have entered into a definitive agreement (the “Agreement”) to acquire Bank of York, an Alabama…
SEATTLE (AP) — A security breach at Capital One Financial, one of the nation's largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank…
NEW ORLEANS - IBERIA announced in a press release that James J. Reiss III has joined IBERIA Wealth Advisors as executive vice president and regional managing director for Louisiana and Texas. A native of New Orleans, Reiss most recently served…
NEW ORLEANS – Gulf Coast Bank & Trust Company president Guy T. Williams recently announced that Christian Briceno has been appointed to branch manager at the Carrollton Office, located on 201 N. Carrollton Avenue in New Orleans. Details were shared in…
GULFPORT, Miss.— Building on nearly 25 years of experience in retirement plan administration, Debbie Boll joined Hancock Whitney as manager of the bank’s retirement plan services teams based in Gulfport, New Orleans and Baton Rouge Louisiana, Mobile, Alabama, and Tampa, Florida.…
FRANKFURT, Germany (AP) — Officials at the European Central Bank at their last meeting had grown more concerned about chances for a return to stronger economic growth in the second half of the year as they underlined their readiness to…
BATON ROUGE — Gary Littlefield, Baton Rouge Market President of Gulf Coast Bank and Trust Company, was installed as the 2019-2020 Chairman of the Louisiana Bankers Association during LBA's 119th Convention, held May 8 through May 10 in New Orleans. Details…
GULFPORT, Miss. (AP) — A Mississippi bank is buying a Louisiana bank and also expanding its Texas footprint. Hancock Whitney Corp. of Gulfport announced Tuesday that it will buy MidSouth Bancorp of Lafayette for $213 million in stock. MidSouth has…
NEW ORLEANS – IBERIABANK, the 132-year-old subsidiary of IBERIABANK Corporation, announced in a press release the naming of Martin R. de Laureal, Jr. as executive vice president and president of IBERIA Wealth Advisors and Iberia Financial Services. Martin was employed…
NEW ORLEANS - On Tuesday afternoon, Delgado’s business students inched closer to their career goals. The community college and Algiers Development District, in partnership with four local banks, launched the Financial Institute at Delgado’s West Bank campus and expanded their…
FRANKFURT, Germany (AP) — Germany's Deutsche Bank and Commerzbank said Thursday they were halting talks on a possible merger that aimed to create a stronger global banking player, saying it would be too risky and costly. Deutsche Bank CEO Christian…
NEW YORK (AP) — The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House. In their…
NEW ORLEANS - Fidelity, one of Louisiana’s most established banks, has opened a brand new retail branch in the bustling South Market district in Downtown New Orleans incorporating the very latest in evolving banking technology. Official Grand Opening ceremonies are scheduled this…
METAIRIE, La. - Metairie Bank and Trust has announced the election of Sean M. Bruno, CPA as its newest board member. Bruno has over 25 years of experience in performing audits and providing consulting services to governmental and non-profit organizations, as well as…
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region's economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for…
METAIRIE, LA, JANUARY 9, 2018} Longtime Metairie Bank employee, Ray Markase, retired from the bank at the end of 2018, having worked there for over 13 years. Markase served the bank well as vice president, human resources director, security officer,…
NEW YORK (AP) — Citigroup said Monday its profits rose in the last three months of 2018, helped by a lower tax rate and lower expenses, which offset a drop in bond trading revenue. Citi said it earned $4.31 billion…
BEIJING (AP) — Three days of U.S.-Chinese talks aimed at ending a costly tariff battle wrapped up Wednesday in an optimistic atmosphere after President Donald Trump said they were "going very well!" No details were immediately announced, but stocks rose…
NEW YORK (AP) — Stocks around the world built on their early 2019 rally Wednesday after negotiators from the U.S. and China extended their trade talks to a third day, which investors took as a sign the discussions were productive…
NEW ORLEANS – River Road Financial Corporation (River Road), a Louisiana corporation that was formed by a group of New Orleans-based investors for the purpose of facilitating the acquisition of a commercial bank, announced on Monday, Jan. 7, the signing of a definitive…
NEW YORK (AP) — Stock prices are moving slightly lower on Wall Street Thursday morning, a day after another big plunge rocked markets around the world. The benchmark S&P 500 index has slumped more than 5 percent in the last…
NEW YORK (AP) — U.S. stocks are climbing Wednesday morning as a modest recovery in oil prices pulls energy companies slightly higher following huge losses a day earlier. Markets were relatively quiet as the Federal Reserve wraps up its last…
NEW YORK (AP) — U.S. stocks climbed Tuesday morning, putting at least a temporary halt to the steep market losses that circled the globe in prior days. Asian markets sank sharply earlier in the day, but European markets were mixed.…
NEW YORK (AP) — U.S. stocks are down again Monday and the S&P 500 is trading near its lowest levels this year as health care stocks stumble. Health insurers and hospitals are falling after a judge in Texas ruled that…
