Banking & Finance

Bank stocks still down after tumultuous spring

While the turmoil has eased after rising interest rates helped spark a regional-banking crisis earlier this year, local bank stocks have yet to bounce back, following national trends. 

The potential sale of Blue Cross and Blue Shield of Louisiana is sparking fears across the state of future price increases

Michael Johnson was an executive with Blue Shield of California for 12 years. At...

How incoming Insurance Commissioner Tim Temple wants to change the industry 

Louisiana appears headed in a new direction when it comes to insurance regulations. 

Shopping center in Central changes hands for $2.6M

A shopping center next to the Walmart in Central has been sold to a local broker, according to a deal filed this morning with the East Baton Rouge Parish Clerk of Court’s office. 

Finance chiefs are switching from cash-flow to asset-based loans

More companies are borrowing against their assets, including inventory and receivables, as finance chiefs look to bolster liquidity amid financial stress from inflation and high interest rates, The Wall Street Journal reports.  

Case against prominent Baton Rouge investment adviser may finally be winding down

More than a decade ago, local investors sued Walter Morales and his firm, Commonwealth Advisors, alleging that they were misled about how risky their investments were and how their money was handled, which Morales denied. 
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Americans maintain an increasingly negative view on the economy

Americans' already poor views on the U.S. economy have gotten worse in September, a new Gallup poll finds. 

Roundup: Hancock Whitney partnership / Wage hikes / Mortgage rates 

Entergy suppliers: Gulfport, Mississippi-based bank Hancock Whitney today announced it is partnering with Entergy...

These overlooked SBA tools can help your business succeed

Businesses often overlook resources available from the Small Business Administration.  SBA programs can offer advice,...

Why small business bankruptcies are accelerating

The tougher lending climate is now leading to a rise in small business bankruptcies,...