Q — What is the Gillespie Business Plan Competition? A — The Gillespie Business Plan Competition is a contest that allows students to craft and present their business plans to a group of business professionals. Through this process, students can hone their business ideas and create a persuasive presentation that mimics a pitch to fund [...] [...]
Employment in the banking and investment banking industries has not been affected too adversely by the downward spiral of the economy, say some analysts. At best, it has been level, says Ken Cyree, the Frank R. Day/Mississippi Bankers Association chair of banking at the University of Mississippi. “Despite the economy and massive layoffs in other [...] [...]
Sept. 20 deadline apparently was dealbreaker As September moved past its mid-point, Cadence Bank executives saw their choices narrowed to this: Get a buyer deal done right away or feel the heat of federal sanctions for failing to meet a Sept. 19 deadline to significantly raise capital reserves. Cadence faced a two-minute drill with no [...] [...]
Cadence battles public opinion after backing out of Trustmark deal; claims it saved 125 jobs in Starkville area because of the move Cadence Bank’s shareholders — especially the “insiders” who own nearly11 percent of the bank holding company’s stock — get an appealing payday from last week’s decision to scrap an acquisition deal with Trustmark [...] [...]
Community bankers may need to recalibrate skills to survive in today’s world Community bankers who have thrived by building business and relationships may need to recalibrate their skills to survive in today’s world of loan defaults and sinking real estate values. Further, they may have to convince more than their boards of directors that they [...] [...]
A conservative approach has served them well A conservative culture and a tendency to conduct business with people they know have helped Mississippi-based banks stay in good health through the national recession. “On average, the State of Mississippi’s banks are doing better than the rest of the country,” said Dr. Ken Cyree, dean of [...] [...]
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