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Tag Archives: Ken Cyree

Cadence CEO: Possible IPO could raise capital

A resurrected Cadence Bank, formerly headquartered in Starkville but now operating out of Birmingham, Ala., is pausing for some introspection after a couple years of rapid growth throughout a multi-state region. The period of internal focus could lead the privately held $5.7-billion banking company to decide to go public, a move that would return the bank to an ownership structure ...

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Ken Cyree readies Gillespie Business Plan Competition

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 the business. Students learn analysis, ...

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Ole Miss schools of business, accountancy cited among best by accrediting agency

OXFORD — AACSB International, the Association to Advance Collegiate Schools of Business, has reaffirmed the standing of the University of Mississippi’s School of Business Administration and Patterson School of Accountancy as being among the world’s best. Both schools were reaccredited by AACSB for another cycle. For this academic year, 56 schools maintained their accreditation in business, and 24 sustained their ...

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Banking commissioner's departure opens up replacement question

Mississippi Gov. Haley Barbour or his successor have the option of going into the financial services regulatory realm or into the banking sector itself to replace the retired John Allison as banking commissioner. Allison says the load of regulatory changes facing the financial sector has led state banking supervision offices across the nation to fill their top ranks with seasoned ...

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Analysts: Financial job levels ‘even at best’

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 industries, banking employment appears to ...

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Cadence cites pressures in failed merger

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 timeouts left, according to a ...

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‘Tarnished franchise?’

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 National Bank in favor of ...

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The changing role of bankers

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 have the right stuff. If ...

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Mississippi banks remain in good health

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 the University of Mississippi’s School ...

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