Business Blog

By Ted Carter You can toss out public relations as a reason Regions Financial, parent of Regions Bank, wants to get rid of wayward brokerage and investment banking subsidiary Morgan Keegan. It comes down to money – specifically the $3.5 billion the Birmingham-based Regions still owes the U.S. Treasury’s Troubled Asset Relief program, analysts say. [...]

Belzoni-based BankPlus has named veteran banker Ted Williams its Rankin County president. The promotion puts Williams in charge of the bank’s Rankin County Banking Center, BankPlus said. He will work out of the bank’s Spillway Office. Williams has 23 years in the banking industry and has worked for BankPlus for more than four years. A [...]