Banking & Finance

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

Strong small business hiring complicates Fed’s efforts to cool inflation  

A surge in small business hiring could run afoul of the Federal Reserve’s efforts to cool inflation, The Wall Street Journal reports. 

Area employers should pay attention to Blue Cross acquisition

Area employers should pay close attention to the acquisition of Blue Cross and Blue Shield of Louisiana and stay in “constant contact” with their health agents in the coming months,

Blue Cross sale could create multibillion-dollar foundation that would dwarf BRAF

Blue Cross and Blue Shield of Louisiana’s sale to a for-profit publicly traded conglomerate could lead to the establishment of a local nonprofit foundation worth billions. 

Blue Cross and Blue Shield of Louisiana to be acquired by Elevance Health 

Blue Cross and Blue Shield of Louisiana has entered into a definitive agreement to...

Companies expect to cut jobs this year amid recession fears

A survey of national economists found that more businesses now expect job reductions at...

ICYMI: Gov. Edwards calls for special session on insurance crisis 

Gov. John Bel Edwards on Sunday called for a special legislative session to address the state’s property insurance crisis. 
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Local mortgage lenders cutting staffs amid borrowing slowdown

Mortgage lenders nationwide have been laying people off in recent months, and the Capital Region has not been spared. 

Last year saw slowest US home sales in nearly a decade 

U.S. home sales fell to their slowest pace in nearly a decade last year as soaring mortgage rates and sky high prices pushed homeownership out of reach for many Americans.

‘LaPolitics’ Q&A: Tax issues pepper municipal policy agendas 

LaPolitics: We saw a tremendous amount of mayoral action on last year’s ballots. It...

Louisiana legislators skeptical of Donelon’s homeowner insurance fix

Several Louisiana legislators say they are not yet prepared to fund a homeowners insurance...
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