Banking & Finance

Banks, credit unions, lenders, and the financial institutions serving businesses and consumers across the region.

Louisiana Fish Fry sold to New York private equity firm 

Baton Rouge-based Louisiana Fish Fry Products has been sold to New York-based private equity firm MidOcean Partners, according to a company announcement. Financial terms of the transaction were not disclosed. 

Baton Rouge-based community currency Moxey releases upgraded app

Moxey, the Baton Rouge-based community currency that launched in 2017, has released a new app that will make it easier for members to exchange goods and services on the platform.

ExxonMobil reports $4.7B quarterly profit but doesn’t plan to boost spending

Big oil companies are back in the black, raking in their highest profits since...

SBA’s online PPP forgiveness portal opens Aug. 4 

The Small Business Administration’s previously announced online Paycheck Protection Program loan forgiveness portal will...

Much of pandemic unemployment fraud was organized, investigation finds 

The pandemic, and the federally boosted unemployment insurance payouts, led to what may turn...

Louisiana has spent $47B in COVID relief funding

Louisiana has spent $47 billion in federal COVID-19 relief funding so far, according to...
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Corporate profit margins hold steady despite inflation 

Businesses are feeling positive about their profit margins, even though costs and wages are...

SBA unveiling online portal to streamline PPP loan forgiveness

The application process for Paycheck Protection Program loan forgiveness is about to get easier,...

Why finance chiefs are trying to replace Excel 

Finance chiefs are trying to get employees to move away from Microsoft Excel, the...

BBQGuys going public, will be listed on Nasdaq

Less than a year after it was sold to Brand Velocity Partners, Baton Rouge-based...
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