Home » NEWS » Banking & Finance (page 4)

Banking & Finance

US stocks drift mostly lower in early afternoon trading

Major U.S. indexes are drifting mostly lower in early afternoon trading. Energy companies fell more than the rest of the market as crude oil prices dropped. Banks also moved lower. European markets fell after the British government said it will formally begin the process of leaving the European Union next week. KEEPING SCORE: The Standard & Poor’s 500 index lost ...

Read More »

Stocks remain firm after more strong US jobs figures

Stock markets remained firm Friday after another set of strong U.S. jobs figures cemented market expectations that the Federal Reserve will be confident enough about the state of the U.S. economy to raise interest rates again next week. KEEPING SCORE: In Europe, Germany’s DAX was up 0.6 percent at 12,052 while the CAC 40 in France rose 0.7 percent at ...

Read More »

Stocks wobble as health care climbs and industrials fall

Major market indexes are mixed Thursday following a three-day losing streak. Industrial companies are down as heavy machinery maker Caterpillar continues to slide. Health care companies are higher and banks are rising along with bond yields. Thursday marks the eighth anniversary of the current bull market. KEEPING SCORE: The Standard & Poor’s 500 index remained at 2,363 as of 3:25 ...

Read More »

MORNING MONEY: Global stocks waver after Wall Street losses

Global stock markets traded on a soft note Wednesday after Wall Street fell for a second day following U.S. President Donald Trump’s comments about reducing drug prices. KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was down 0.2 percent at 7,325 while the CAC 40 in France was flat at 4,953. Germany’s DAX was up 0.1 ...

Read More »

MORNING MONEY — Health care stocks fall in early trade on reform proposal

U.S. stock indexes are mostly lower in early trading Tuesday, while health care companies, including drugmakers and drug distributors, are falling after Republicans in Congress introduced a bill intended to replace the 2010 Affordable Care Act. Energy and materials companies are also declining. KEEPING SCORE: The Standard & Poor’s 500 index lost 4 points, or 0.2 percent, to 2,370 as ...

Read More »

Losses for banks pull US stocks further from record highs

U.S. stocks are falling for the second time in three days as banks return some of their recent gains. They surged last week as interest rates quickly rose. Losses for airlines are pulling industrial companies lower and mining and chemical companies are down after China cut its economic growth forecast. Meat producer Tyson Foods is falling after avian flu was ...

Read More »

Priority One makes changes

PriorityOne Bank recently announced two administrative level changes: Ray Palmer has been named the new Senior Vice President for its Hattiesburg market. Palmer has 29 years of banking experience. Before joining PriorityOne, he held leadership and senior management positions with BancorpSouth in Laurel and Gulfport; Colonial Bank and SouthTrust Bank in Mobile, Ala.; and Victory Bank and Trust Company, NationsBank ...

Read More »

Bank promotes Williamson

First Bank recently announced three staff changes: Beth Williamson, branch manager in Monticello, has been promoted to Assistant Vice President. Williamson has been with First Bank for 20 years and has held positions as a teller, customer service representative and branch manager. Williamson raised three children in the Monticello area and now has four grandchildren. She is married to Rudolf ...

Read More »

Smith awarded designation

Clayton Smith of WealthPartners has been awarded the Accredited Investment Fiduciary designation from the Center for Fiduciary Studies. The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. Smith, a resident of Madison, is a Retirement Plan Adviser for WealthPartners. He specializes in establishing and maintaining ...

Read More »

Regions promotes Wallace

Christopher A. Wallace has been promoted to Vice President, SBA Lending Specialist, at Regions Bank.  He serves as a liaison and partner with the bank’s relationship managers throughout the state to help facilitate Small Business Administration loans and other customer needs. A banking industry veteran with more than 15 years of experience, Wallace has held a number of positions within ...

Read More »