Banking & Finance

Bernhard Capital acquires VSE’s federal and defense business

Baton Rouge-based Bernhard Capital Partners announced it has acquired VSE Corp.'s federal and defense business segment. Financial terms of the deal were not disclosed.

State taking applications for Restore Louisiana small business loans 

The Restore Louisiana Small Business Loan Program is now accepting applications for small businesses and nonprofits affected by natural disasters in 2020 and 2021, Gov. John Bel Edwards announced today.

State auditors question financial controls at BRCC

Baton Rouge Community College should be doing more to keep tabs on federal dollars and its own payroll, the Louisiana Legislative Auditor’s office reports. 

US seizes First Republic Bank and quickly sells assets to JPMorgan Chase 

Regulators seized troubled First Republic Bank early this morning, making it the second-largest bank...

TRENDS keynote: Commercial real estate is in a transition period 

The U.S. commercial real estate market is in a state of transition, with several disrupting factors at play, according to Kevin Fagan, with Moody’s Investors Service. 

Disruptions ease but CFOs remain focused on building supply chain resiliency

Surging shipping costs, freight logjams and factory disruptions in China over the past few years have laid bare companies’—and their finance chiefs’—need to boost supply chain resilience and adaptability, The Wall Street Journal reports. 
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Professor creates accounting chatbot to improve efficiency and reduce errors

LSU Shreveport computer science professor Keyvan Shahrdar has developed a chatbot tool to help accountants improve efficiency and reduce errors, the university announced this morning.

Louisianans might get to vote this fall on replenishing state pension funds 

Legislation moving through the Louisiana House would amend the state constitution to mandate higher payments with surplus funds to address unfunded pension liabilities.

New rule will make it more expensive to buy a home if you have good credit

A new rule taking effect May 1 is going to make it more expensive for people with good credit scores to buy a home.

Committee advances tax proposals that would cost local governments millions 

Tax proposals that could cost the state and local governments millions of dollars, but may benefit businesses, quietly advanced out of a state Senate committee Monday.Â