Home » Tag Archives: finance (page 2)

Tag Archives: finance

Metropolitan Banks first women’s forum a huge success

Cascading parasols in Duling Hall set the “high tea” theme for the event

Metropolitan Bank recently hosted the inaugural Metropolitan Women’s Forum.  The breakfast, held on April 21st at Duling Hall in Jackson, attracted over 100 influential women leaders from the Jackson area.  Metropolitan is a seven year old bank which recently reached $1 billion in assets, and boasts a very strong core of women leaders.  With this in mind, a few of ...

Read More »

SELENA SWARTZFAGER: Students best prepared by Master Teachers of Economics

Last week, 20 teams from 18 schools from throughout Mississippi competed, flexing their intellectual muscle and testing their economic knowledge at the state Economics Challenge.  In its 12th year and made possible by BankPlus, Blue Cross & Blue Shield of Mississippi, State Farm, Millsaps College, and Security Ballew, Inc. and delivered by the Mississippi Council on Economic Education, high school ...

Read More »

CFPB wants repay ability at center of new payday loan rules

By TED CARTER Drawing from a doctrine applied to new rules for residential mortgages, the U.S. Consumer Financial Protection Bureau is proposing that payday lenders verify a borrower’s ability to repay before making a short-term, low dollar loan. Payday lenders now require that borrowers have both a source of income and an active checking account. But the CFPB wants to require ...

Read More »

Banking association ‘hit a home run’ with women’s conference

By LISA MONTI About 150 women attended the 2015 Women in Banking Conference March 24 in Jackson. The third annual conference provided women bankers with information on how to be successful in the financial industry and also was an opportunity for them to network with their peers and talk about career challenges and solutions. “The MBA Women in Banking Conference provides ...

Read More »

IKE TROTTER: Protect yourself from identity theft

Whether they’re snatching your purse, diving into your dumpster, stealing your mail, or hacking into your computer, there are bad people out there. Who are they? Identity thieves. Identity thieves can empty your bank account, max out your credit cards, open accounts in your name, and purchase furniture, cars, and even homes on the basis of your credit history. If ...

Read More »

With S&P suit settled, Mississippi set to take on Moody’s over flawed investment ratings

By TED CARTER A recent big-dollar settlement with Standard & Poor’s over misleading ratings put on sub-prime mortgage-backed securities before the 2008 financial collapse has cleared the way for Mississippi and Connecticut to resume a similar case against Moody’s Ratings Service. The two states put their action against Moody’s on hold during settlement negotiations with S&P that resulted in a Feb. ...

Read More »

Mississippi lawmakers working on early version of budget

JACKSON — Mississippi legislators are working on early proposals to fund state government during the year that begins July 1. The House passed several budget bills Wednesday, including one that would add about $106 million to schools. The proposed education budget includes about $40 million to give pay raises to teachers. It would put tens of millions more dollars into ...

Read More »

MAKING DREAMS COME TRUE — Mississippi bankers see increase in young homebuyers

By BECKY GILLETTE With rent going up in many areas, and employment rising as the economy improves, home buying is beginning to improve in some areas of the state. “Lower rates are improving housing affordability relative to rents, and many of the recent applicants think this is a good time to buy,” said Scott Dickey, mortgage division president, BancorpSouth, Tupelo. ...

Read More »

Miss. House members reject state balanced budget amendment

JACKSON — Mississippi voters may not get a chance to vote on a constitutional amendment requiring a balanced state budget. The Mississippi House voted 75-44 on Tuesday, with a majority in favor of House Constitutional Resolution 22. But the measure failed because it didn’t reach the required two-thirds vote of the House. There’s a chance that House members could vote ...

Read More »