Archive for the ‘Banking & Finance’ Category

This is a specific focus of a weekly MBJ edition.

Regions putting brokerage emphasis on branch-based investment services

by Published: August 9,2013

Tags: banking, finance, morgan keegan, mortgage broker, Regions Bank

In slightly more than six months, Regions Bank has hired over 100 financial advisors in a strategy the Birmingham bank company and Mississippi market leader says will personalize investment brokerage services at its 1,200 branches branches throughout its 16-state market. The goal is to have 125 financial advisors on board by year’s end and strengthen […] [...]

Swipe-fee ruling means merchants could pay less for debit card transactions

The Federal Reserve’s Board of Governors erred in letting swipe fees that banks charge retailers for each debit card transaction go as high as 21 cents a transaction, a federal court recently ruled. The ruling by the U.S. District Court in Washington drew the predicable applause from groups such as the National Retail Federation and […] [...]

Know the differences between banks and credit unions before moving your money

Credit unions and banks are, of course, two different types of financial institutions but they do offer some similar services such as deposits, checking accounts and loans. It’s become a common practice for customers to take their money out of one place and move it to another, usually looking for a better deal or better […] [...]

How to benefit from modest estate planning

While only the wealthiest individuals need to invest in “Cadillac” estate planning for the purpose of minimizing estate taxes, many others can benefit from estate planning more on an economy car level. People who need estate planning that might include complicated trusts are those with assets in excess of $5.25 million for an individual or […] [...]

Bank vaults have changed with the times but are still tough

by Published: May 17,2013

Tags: bank security, bank vaults, Hancock Bank, virtual vaults

The old Hollywood stereotype of a bank vault filled with stacks of cash protected behind a massive door is mostly going by the wayside. Instead of keeping large cash inventories in one place, banks spread the money around to branches or wherever else customers need it. That reduces risk and the cost of maintaining a […] [...]

Small banks in Mississippi — An endangered necessity

Mississippi has 19 small banks as defined as banks with less than $100 million in assets. And while most of these small banks that serve as the economic lifeblood of many rural areas of the state didn’t participate in the risky mortgage lending practices blamed for the Great Recession, they may now be endangered by […] [...]

TROTTER: Dealing with the issues of debt

by Published: March 29,2013

Tags: bankruptcy, Business Week, debt, Ike Trotter

A couple of years back, an article in Business Week caught my attention by stating that older Americans -those identified as 55 and over, are filing for bankruptcy at a faster rate than the general population today. Even more surprising in this category would be the inclusion of those raised during the Depression and World […] [...]

Banking leader has youth, experience

Of course the president of the Young Bankers section of the Mississippi Bankers Association is a young banker, but the organization’s new president, Matt McCraw, 36, already has quite a bit of banking experience, too. That’s because he began his banking career while he was a student at the University of Mississippi. That banking start […] [...]

Banks can assist small businesses with a variety of services, programs

by Published: January 18,2013

Tags: BancorpSouth, Banks, lending, small businesses, Trustmark

Banks can be small business owners’ best friends, providing a range of services, advice and a shoulder to lean on. The definition of a small business can vary, depending on how much activity a business runs through a bank, according to Art Stevens, president of retail banking for Trustmark National Bank. “Accounts can trigger based […] [...]

Serving the state’s quiet wealth

by Published: January 18,2013

Tags: Chaffe & Associates, investment banking, New Orleans

The expansion of investment banking firm Chaffe & Associates from its base in New Orleans into Jackson in 2011 was a natural extension of its business that provides services in three main areas — valuations, merger and acquisitions and financial institutions. “The New Orleans and Jackson markets are similar in that they are populated with […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments