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Banking & Finance

Byrd top mortgage banker

Margaret Byrd of The First, A National Banking Association, received the Mortgage Banker of the Year Award at the Mississippi Bankers Association Convention. Margaret previously owned and managed The Mortgage Connection and she is now Senior Vice President of Residential Mortgage Lending at The First. The Mortgage Connection was recently acquired by The First. Since 2001 the Mortgage Bankers Association ...

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Telco’s Miles earns degree

Alana Miles, Marketing Director for Mississippi Telco Federal Credit Union, recently received her Asian Confederation Development Educator degree from the Association of Asian Confederation of Credit Unions in Bangkok, Thailand. This program then allowed her to obtain the international designation, International Credit Union Development Educator. She is a graduate of Mississippi University for Women with a Bachelor’s Degree in Psychology. ...

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Staff changes at Renansant

Renansant Bank in Tupelo recently made several staff changes and promotions: Jason Beasley has been promoted to Senior Vice President/Corporate Relationship Officer. Beasley has been with Renasant Bank since 1993 and serves in the position of Senior Corporate Lender in Tupelo’s Corporate Banking Division. He attended Mississippi State University, graduating with a BBA in banking and finance. He also attended ...

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Thames new CNB president

Hampton D. Thames, a 27-year employee of Citizens National Bank, has been named President of its statewide franchise, which consists of 26 banks. Archie McDonnell, former president, will continue to serve the Bank as its Chief Executive Officer, as a member of the Bank’s Board of Directors, and Chairman of its Directors Loan Committee. He also serves on the Board ...

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Markets reel as world absorbs shock of UK vote for Brexit

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» The Dow Jones industrial average dropped 611 points, or 3.4 percent, its biggest fall since August Britain has jumped. Now it is wildly searching for the parachute. The U.K.’s unprecedented decision to leave the European Union sent shockwaves through the country and around the world Friday, rocking financial markets, toppling Prime Minister David Cameron and even threatening the ties ...

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US stocks rise as Britons go to polls on EU membership

This file photo shows a Wall Street street sign outside the New York Stock Exchange. (AP Photo/Mark Lennihan, File)

U.S. stocks are rising Thursday afternoon as investors grow more optimistic that Britons will vote to stay in the European Union. Investors are buying stocks and selling bonds, sending banks higher. Energy companies are up with the price of oil and materials companies are also climbing. KEEPING SCORE: The Dow Jones industrial average jumped 158 points, or 0.9 percent, to ...

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WE LAW: Corporate governance and management

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Mitt Romney was right. Corporations are “people” – at least in the sense that they have many of the same rights and obligations as individuals. Corporations (and other business entities) can enter into contracts, incur debt, sue and be sued. Business entities cannot, however, act on their own behalf. Determining who has the power and authority to act for and ...

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Bryant taps deputy treasurer to be state finance director

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A deputy state treasurer will become the new director of the Mississippi Department of Finance and Administration. Laura D. Jackson has more than 27 years’ experience in state government. Gov. Phil Bryant announced Thursday that he’s appointing her to succeed Kevin Upchurch, who’s retiring June 30. Jackson has been deputy treasurer since January 2012. Before that, she was bond advisory ...

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Kessinger joins BNA Bank

Kevin Kessinger has joined BNA Bank as Vice President, Business Development. The bank is opening a loan production office at 2091 Old Taylor Road in Oxford, and Kessinger joins BNA Bank to develop business opportunities for BNA Bank in this market. Kevin is an alumnus of the University of Mississippi where he played baseball. After college he played with the ...

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