News & Events Archive – November 2010
Arkansas Democrat | Saturday, November 20, 2010
by David Smith
The bank bought Gulf State Community Bank of Carrabelle, Fla. The purchase strengthens Home BancShares Inc.’s position in the Florida Panhandle. […]Read More
Bloomberg Businessweek | Monday, November 15, 2010
Nov. 15 (Bloomberg) — Citigroup Inc. Chief Executive Officer Vikram Pandit, who for the past two years has championed the U.S. bank’s “globality,” may be getting a new mantra: locality.
Citigroup, which claims 2,500 of the world’s 3,000 largest corporations as clients, now says it also is targeting […]Read More
Randy Dennis Quoted in “Bank sanctions at decade high; In state, 25% reprimanded by Arkansas, U.S. regulators”Sunday, November 14, 2010
Arkansas Online | Sunday, November 14, 2010
By David Smith
Twenty-one state-chartered banks have been reprimanded by the state Bank Department, which does […]Read More
Randy Dennis Quoted in “Small Banks Cheer Premium Plan, Larger Ones Fear Impact on Funding Strategy”Tuesday, November 9, 2010
American Banker | Tuesday, November 09, 2010
WASHINGTON — The Federal Deposit Insurance Corp. is set to make a massive change to the way it calculates premiums, releasing a proposal Tuesday that would force banks to pay assessments based on total liabilities rather than domestic deposits.
Many community bankers are already celebrating the plan, which […]Read More
Arkansas Business | Tuesday, November 02, 2010
Northwest Arkansas continues to be a hot spot for banking in the state, despite significantly slower growth than was seen in 2004 when competing investor groups started three new institutions.
One of those “new” banks, Signature Bank of Arkansas, will sell two of its Benton County offices […]Read More