Commercial banks and savings institutions in the United States saw a drop in net income in 2020, although late year numbers showed dramatic improvement. The Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the fourth quarter of…
Finance & Banking
- AMP NewsBusinessBusiness & FinanceFinance & Banking
Arvest Wealth Management Tops $14 Billion in Managed Assets
by Tyler Haleby Tyler HaleArvest Bank’s wealth management division has grown its assets under management, surpassing the $14 billion mark as of the end of 2020. As of Dec. 31, 2020, Arvest Wealth Management had approximately $14.4 billion under management. Arvest Wealth Management also…
- AMP NewsBusinessBusiness & FinanceFinance & BankingTechnology
Glasbrenner Named to Forbes Next 1000 List in 2021
by Tyler Haleby Tyler HaleAn Arkansas chief executive has been named to Forbes’ Next 1000 list for 2021. Elizabeth Glasbrenner, the co-founder and CEO of Smiley Technologies, is the sole Arkansas executive selected for the first round of this inaugural Forbes list in 2021.…
- AMP NewsBusinessFinance & BankingStartup AR
SBA Provides $200 Billion in EIDL Funding to U.S. Businesses, Nonprofits
by Tyler Haleby Tyler HaleThe U.S. Small Business Administration (SBA) has provided $200 billion in emergency funding to business, nonprofits and agricultural producers in the wake of the COVID-19 pandemic. On Friday, Feb. 12, the federal agency announced that it hit the $200 billion…
- BusinessBusiness & FinanceFebruary 2021Finance & BankingMagazine
Darrin Williams: Progress, But Still A Long Way To Go
by AMP Staffby AMP StaffBy Katie Zakrzewski and Mark Carter Former Arkansas House Speaker Pro-Tem Darrin Williams became CEO of Southern Bancorp in 2013 after a six-year stint in the state legislature and a run as managing partner at the Carney, Williams, Bates, Pulliam…
- BusinessBusiness & FinanceFebruary 2021Finance & BankingMagazineTechnology
Titans of Tech in Arkansas: Uday Akkaraju, CEO, Bond.AI, Little Rock
by AMP Staffby AMP StaffUday Akkaraju, CEOBond.AI, Little Rock Uday Akkaraju is the CEO of BOND.AI, an award-winning, human-centered artificial intelligence platform for banks. BOND.AI’s Empathy Engine creates unique personas for every consumer or a small business of your bank — personas that connect…
- BusinessBusiness & FinanceFebruary 2021Finance & BankingMagazineTechnology
Titans of Tech in Arkansas: Brian Bauer, Chief Strategy and Revenue Officer and Co-Founder, Abaca, North Little Rock
by AMP Staffby AMP StaffBrian Bauer, Chief Strategy and Revenue Officer and Co-FounderAbaca, North Little Rock A native Arkansan, Brian Bauer grew up near Hot Springs and received his undergraduate degree at the University of Arkansas at Little Rock. He served 11 years in the…
- BusinessBusiness & FinanceFebruary 2021Finance & BankingMagazineTechnology
Titans of Tech in Arkansas: Joe Ehrhardt, CEO and Founder, Teslar Software, Springdale
by AMP Staffby AMP StaffJoe Ehrhardt, CEO and FounderTeslar Software, Springdale Joe Ehrhardt is the CEO and founder of Teslar Software, a provider of portfolio management tools for community financial institutions that aggregate and automate lending and deposit operations processes into a single system, enabling…
- BusinessBusiness & FinanceFebruary 2021Finance & BankingMagazineTechnology
Titans of Tech in Arkansas: Dan Roda, CEO and Co-Founder, Abaca, North Little Rock
by AMP Staffby AMP StaffDan Roda, CEO and Co-FounderAbaca, North Little Rock Educated at Tulane University and Villanova Law School, Dan Roda followed his wife (Elizabeth Michael) to Arkansas and promptly entered the professional world as a corporate attorney, gaining 10-plus years of hands-on experience…
- BusinessFebruary 2021Finance & BankingMagazineStartup ARTechnology
Titans of Tech in Arkansas: Mimi San Pedro, Chief Strategy Officer, The Venture Center, Little Rock
by AMP Staffby AMP StaffMimi San Pedro, Chief Strategy OfficerThe Venture Center, Little Rock Mimi San Pedro is responsible for designing and implementing strategies that will help shape the future of entrepreneurial support in Arkansas and ensure The Venture Center’s success with corporate partners, community…