NEW ORLEANS — No doubt, there will be books and documentaries galore about last week’s Silicon Valley Bank and Signature Bank failures, which rank as the second and third worst in U.S. history. Right now, everyone just wants to know…
NEW ORLEANS — LongueVue Capital, a New Orleans-based private equity firm, announced that it has partnered with Frank Anderson, the president and CEO of RBW Logistics, to recapitalize his business and provide growth capital to fund an expansion throughout the…
METAIRIE — The board of directors of Metairie Bank and Trust Co. has announced the election of three new members: David W. Perlis, John P. LeBlanc and Michael A. Gennaro. Perlis is president and co-owner of Perlis Inc., a third-generation…
NEW ORLEANS — No doubt, there will be books and documentaries galore about last week’s Silicon Valley Bank and Signature Bank failures, which rank as the second and third worst in U.S. history. Right now, everyone just wants to know…
NEW ORLEANS — Capital Wealth Advisors, headquartered in Naples, Florida, with an office in New Orleans, has appointed Jo Anne Keck to the position of vice president of private wealth management. Keck assists clients with their personal financial needs. Keck…
NEW YORK (AP) — A tax credit is among the most satisfying benefits you can turn up when preparing your return. Unlike a deduction, which decreases the income on which you’ll be taxed, a tax credit reduces your overall tax…
NEW ORLEANS – Entergy has announced the election of Gina Adams and John Black to its board of directors. Adams has a legal and government affairs career that spans nearly 40 years. Her current role is corporate vice president of…
NEW ORLEANS – The New Orleans Startup Fund has announced that entrepreneurs Damon Burns and Courtney Williams and attorneys G.F. Gay LeBreton and Sharonda Williams have joined its board of directors. “These new members joining the Startup Fund have distinguished…
NEW ORLEANS – University of Holy Cross has launched a new accelerated program that allows working adults to receive credit for current work experience toward a Bachelor of Science in accounting. The program begins in the fall of 2023 and…
BATON ROUGE — On Feb. 24, State Treasurer John M. Schroder conducted the first-ever virtual meeting of the Louisiana State Bond Commission. In 2021, Louisiana lawmakers passed legislation that allows the SBC to meet remotely even after the state’s pandemic…
NEW YORK (AP) — The average long-term U.S. mortgage rate jumped this week to its highest level since November, more grim news for a housing market that's been in decline for a year. Mortgage buyer Freddie Mac reported Thursday that…
NEW YORK (AP) — A low credit score can hurt your ability to take out a loan, secure a good interest rate, or increase the spending limit on your credit card. Some reasons for a low score are out of your control — such…
WASHINGTON, D.C. (press release) – The National Trust for Historic Preservation and American Express recently announced the third installment of the “Backing Historic Small Restaurants Grant Program,” which will once again award $1 million in grant funding to 25 recipients…
BATON ROUGE — From the Louisiana Illuminator: Louisiana’s higher education faculty feel trapped. In the early days of their teaching careers, professors are asked to make an irrevocable choice about their retirement: choose the more portable optional retirement plan, or the…
WASHINGTON (AP) — Call it the Goldilocks consumer. Defying high inflation and sharp interest rate hikes, Americans keep spending — a trend that, if sustained, could keep the economy humming just enough to help avoid a much-predicted recession. At the same time, surveys…
NEW YORK (AP) — Wall Street is poised to extend its slide Friday, one day after U.S. markets suffered their biggest drop in a month on an inflation reading that came in hotter than expected. Futures for the Dow Jones…
NEW YORK (AP) — The IRS announced Friday that most relief checks issued by states last year aren’t subject to federal taxes, providing 11th hour guidance as tax returns start to pour in. A week after telling payment recipients to…
NEW ORLEANS (AP) — The former chief executive of a failed bank in New Orleans was convicted Thursday of bank fraud, conspiracy and other charges in federal court. New Orleans news outlets report that a federal jury convicted Ashton Ryan…
NEW ORLEANS – Deanna Rodriguez and Scott Cunningham have joined the board of trustees of the Ogden Museum of Southern Art. “We are honored to welcome these dedicated leaders,” said William Pittman Andrews, the…
NEW ORLEANS – From the University of Holy Cross: Beginning Feb. 4, University of Holy Cross tax accounting students will provide free tax preparation assistance for low-to-moderate income New Orleans-area residents from 9 a.m. to 3 p.m. Saturdays at 4123…
NEW YORK (AP) — American Express saw its fourth-quarter profits fall by 9%, as the credit card giant had to set aside significantly more money to cover potentially bad loans. The company saw charge offs and delinquencies rise, a troubling…
NEW ORLEANS – Steve Webb, president and CEO of Neighbors FCU, will serve as the new board chair of the Louisiana Credit Union League. He succeeds Sidney Parfait, former president and CEO and current…
NEW ORLEANS — On Jan. 24, Gulf Coast Bank & Trust Company President and CEO Guy T. Williams announced record earnings for the year ended Dec. 21, 2022. The bank said it earned $65,712,000 pre-tax in 2022. In 2021, it…
BATON ROUGE – Investar Bank has announced the appointment of John Campbell as executive vice president and chief financial officer. Campbell will report to President and Chief Executive Officer John D’Angelo and serve as a strategic and tactical business partner…
ZACHARY, La. — Greater Commercial Lending, which provides government-guaranteed loans to businesses and organizations in rural communities, has completed $80 million in financing for Lane Regional Medical Center in Zachary. The loan package, guaranteed by the U.S. Department of Agriculture,…
NEW ORLEANS — On Jan. 19, Saints and Pelicans owner Gayle Benson’s Benson Capital Partners announced the initial closing of a new real estate fund with more than $50 million in commitments from 10 different investors. The initial closing of…
NEW ORLEANS — Roughly 1,200 business and civic leaders attended the 2023 Greater New Orleans Inc. Annual Meeting on Jan. 13 at the Hyatt Regency New Orleans. Dubbed “GNO United,” the gathering included a review of economic development wins from…
NEW YORK (AP) — Chances are that your “buy now, pay later” bill from the holiday season will arrive soon or has already made its debut. If you’re not financially prepared to pay up, late fees or other charges can…
NEW ORLEANS (press release) – New Orleans Firemen’s Federal Credit Union has been recognized as an "Inclusive Workplace" by Best Companies Group, a workplace culture and employee engagement expert, and COLOR Magazine, a leader in corporate inclusivity. “We are honored…
BATON ROUGE — On the same day he announced his plans to run for governor, Louisiana State Treasurer John Schroder issued a warning to alert the public to recent online advertising that may be misconstrued as Louisiana Unclaimed Property advertisements.…
