Banking & Finance

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

Louisiana again has highest combined state and local sales tax rate

Louisiana's combined state and local tax rate of 9.55% ranks the highest in the country for the second consecutive year, reports the Tax Foundation.

Louisiana Department of Revenue stepping up business tax collection

The Louisiana Department of Revenue is improving its efforts to collect unpaid business taxes, the Louisiana Legislative Auditor’s office reports. 

What comes next in state’s effort to ease insurance crisis? 

The Louisiana Legislature gave final approval Friday to a $45 million deposit from the...

Legislature approves $45M in funding in effort to draw insurers to state

A $45 million funding bill to address soaring homeowner insurance rates in hurricane-battered Louisiana was overwhelmingly approved by Louisiana lawmakers today and sent to Gov. John Bel Edwards for his signature.

Inflation and unemployment both falling ‘is the stuff of economics fiction’

Does the Federal Reserve have it wrong?

Capital Region again leads US in percentage of ‘seriously underwater’ mortgages

The Capital Region in the fourth quarter of last year continued to lead the nation’s large metro areas in the proportion of mortgages that were seriously underwater, new data shows. 
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Bernhard Capital portfolio company Atlas to be acquired for $1.05B

Bernhard Capital Partners announced that its portfolio company Atlas Technical Consultants Inc. has agreed to be acquired by private investment firm GI Partners in an all-cash transaction valued at $1.05 billion.

Louisiana company mergers and acquisitions held steady in 2022

Louisiana saw 206 acquisition or merger transactions announced or closed in 2022 that involved...

Are grants to bolster roofs part of the home insurance solution?

Louisiana lawmakers are considering a program that would provide grants of up to $10,000...

Fed expected to hike interest rates one more time 

The Federal Reserve is expected to hike interest rates by a quarter of a...
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