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Financial Services

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  • Financial Services

    Allen Paine celebrates milestone with First Horizon

    Allen Paine has seen a lot in his 50 years with First Horizon, and provides some insight on why younger generations don't tend to stay as long with the same company. 

    By Christin Yates November 04, 2019
  • Financial Services

    Fed takes ‘wait and see’ approach after lowering interest rates again

    Global market conditions weigh on Wednesday's decision and may impact further moves while U.S. economy remains strong, bankers say. 

    By Christin Yates October 31, 2019
  • Financial Services

    High school students run bank at Trezevant again

    The student-run bank teaches students more about money and customer service, skills they will carry with them for the future. 

    By Omer Yusuf October 24, 2019
  • Financial Services

    First Horizon unveils rebranded logo, signage

    First Horizon National Corp. unveiled its new logo and building signage as part of a rebranding of all business units companywide.

    By Christin Yates October 22, 2019
  • Financial Services

    Bankers say economic conditions mostly positive, as Beige Book shows

    With a few exceptions, most local business sectors have remained stable or saw slightly improved conditions over the past several weeks.

    By Christin Yates October 17, 2019
  • Financial Services

    Pinnacle reports Q3 diluted EPS of $1.44, up 19% from 2018

    Pinnacle Financial Partners Inc. reported net income of $1.44 per diluted common share for its third quarter, up 19% from a year ago.

    By Christin Yates October 16, 2019
  • Financial Services

    First Horizon beats on Q3 earnings, sees positive conditions into 2020

    First Horizon National Corp. reports third-quarter adjusted earnings per share of 43 cents, which beat the Zacks Consensus Estimate of 42 cents per share.

    By Christin Yates October 16, 2019
  • Financial Services

    Green Square Asset Management rebrands as Principal Street Partners

    Memphis-based Green Square Asset Management has rebranded to Principal Street Partners and become an independent asset management firm.

    By Christin Yates October 15, 2019
  • Financial Services

    Protecting older Memphians from financial fraud

    Older Memphis residents should prepare for and find trusted advisers or loved ones to help them combat financial exploitation, local experts say.

    By Christin Yates October 09, 2019
  • Real Estate

    Renasant Bank plans new Memphis headquarters building

    Mississippi-based Renasant Bank is seeking a tax incentive for plans to build a new headquarters to serve its Memphis market. The $15.8 million development is to rise at 5575 Poplar, where the now-empty Executive Square office buildings stand.

    By Tom Bailey September 13, 2019
  • Financial Services

    Cash back? Kroger now charges for a ‘yes’

    Kroger now charges 50 cents or $3, depending on how much "cash back" you request with your debit card.

    By Tom Bailey September 03, 2019
  • Financial Services

    Banks with Memphis presence reported solid Q2 financial results

    Strong first half of 2019 for local banks facing headwinds in the second half with changing monetary policy.

    By Christin Yates August 24, 2019
  • Financial Services

    $1.25 million building permit filed for Regions in Raleigh

    A $1.25 million building permit has been filed for construction of a new Regions Bank in Raleigh. 

    By Omer Yusuf August 15, 2019
  • Financial Services

    Mutual fund helping drive growth for Preserver Partners

    Preserver Partners has grown to nearly $150 million in assets under management and nearly 500 investors.

    By Christin Yates August 04, 2019
  • Financial Services

    Federal Reserve board lowers key interest rate

    The Federal Open Market Committee voted Wednesday afternoon to lower the federal funds rate by 0.25% to a range of 2% to 2.25%.

    By The Daily Memphian Staff July 31, 2019
  • Financial Services

    BancorpSouth matches Q2 earnings estimates

    BancorpSouth reported higher revenues and earnings in the second quarter compared to a year ago while completing two mergers and repurchasing shares of the company during the period.

    By Christin Yates July 19, 2019
  • Financial Services

    Bank of America opens new office with Merrill Lynch under new Memphis market president

    Livingston Albritten, new Memphis market president for Bank of America, wants the institution to play a bigger role in the city's financial industry.

    By Christin Yates July 19, 2019
  • Financial Services

    Net income rises 17% for Pinnacle Financial in second quarter

    Pinnacle records double-digit growth in net income and revenue for its second quarter compared to the same period in 2018.

    By Christin Yates July 17, 2019
  • Financial Services

    First Horizon beats consensus EPS estimate by 5 cents in Q2

    Memphis-based banking holding company surpasses estimates for earnings and revenue in solid second quarter.

    By Christin Yates September 13, 2019
  • Financial Services

    Local strategists weigh in on Fed interest rate decision

    Some say a lowering of the federal funds rate is possible at Wednesday’s Federal Open Market Committee meeting, but most local strategists don't see that just yet.

    By Christin Yates June 18, 2019
  • Financial Services

    Truist Bank? SunTrust, BB&T propose new name post-combination

    SunTrust Bank and BB&T Corp. would become Truist Bank and Truist Financial Corp. if the new name and their planned consolidation are approved by shareholders.

    By The Daily Memphian Staff June 12, 2019
  • Financial Services

    First Tennessee Bank changing to First Horizon this fall

    First Tennessee Bank and Charlotte-based Capital Bank will rebrand as First Horizon Bank starting this fall, Memphis-based holding company First Horizon National Corp. said Tuesday.

    By Wayne Risher June 12, 2019
  • Financial Services

    Local nonprofits extend reach with grants from First Horizon Foundation

    Local nonprofits filling community needs with help from the First Horizon Foundation, which recently released its first annual report. 

    By Christin Yates June 02, 2019
  • Financial Services

    Agencies pitch programs to potential funders at Investment Connection

    It didn't open a vault, but the St. Louis Fed did put several community organizations much closer to funds for new initiatives on Tuesday. 

    By Christin Yates May 22, 2019
  • Financial Services

    Financial planner aims to help 10,000 Memphians become debt free by 2020

    Taking a cue from the financial counseling she always gives clients about the importance of becoming debt free, Nancy Knous has taken that advice to a new level.

    By Christin Yates May 19, 2019

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