Banking & Finance

After a record-breaking year of mergers and acquisitions, what will 2022 bring?

It’s been a record-breaking year for business mergers and acquisitions both in the U.S. and globally.It’s been a record-breaking year for business mergers and acquisitions both in the U.S. and globally.

Private insurer to acquire Louisiana homeowners’ policies from insolvent carriers

​Louisiana Insurance Commissioner Jim Donelon has announced a private insurance company will acquire an...

Year-end tax tips for businesses, high earners

Year-end tax planning often is a matter of minimizing how much you’ll have to pay this year by reducing the amount of income received or increasing deductions. But for wealthy taxpayers, that might not be the case this year. 

Surging demand knocking some $100k earners out of home market

A six-figure salary may not be enough for buyers to purchase a home in some markets, as availability and affordability for buyers who earn $100,000 a year has dropped since 2019.

General Informatics expands into financial services with Texas acquisition

Baton Rouge-based IT managed services provider General Informatics this morning announced it has acquired Unicom Technologies, a Texas-based provider focused on banking, credit union, and financial services.

ExxonMobil’s new CFO looks to further pay down oil giant’s debt   

ExxonMobil is looking to further reduce its debt, evaluating sustainability-linked financing instruments and preparing for potential new climate-related disclosure requirements, finance chief Kathryn Mikells says. 
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Roundup: Regions Bank / J&J vaccine risk / Congressional districts

Acquisition: Regions Bank this morning announced it has entered into an agreement to acquire...

Once again Louisiana’s business tax climate ranks low among states

The Tax Foundation ranks Louisiana's business tax climate 42nd among states in its annual ranking, but improvement should be on the way.

Kennedy writes legislation to block proposed SBA direct lending program

U.S. Sen. John Kennedy is trying to stop an effort to allow the U.S....

Fed expects to raise interest rates three times in 2022 amid inflation fears

The Federal Reserve will pick up the pace at which it's pulling back its support for the economy as inflation surges, and it expects to raise interest rates three times next year.