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- LITTLE ROCK — The state law that regulates the payday lending industry in Arkansas should be stricken as unconstitutional because it allows companies to make loans to consumers at interest rates that exceed the state’s 17 percent usury limit, a lawyer for opponents of the law argued Thursday before the state Supreme Court.
www.swtimes.com
- First Horizon National Corp. has dropped the "interim" from Frank Gusmus' job title.
commercialappeal.com
- Oct. 31 (Bloomberg) -- American International Group Inc. , the insurer bailed out by the U.S., reduced its debt under two credit lines to $83.5 billion by using cash from the Federal Reserve's commercial paper program.
www.bloomberg.com
- COMMONWEALTH Bank of Australia (CBA) has become the first major bank to cut its variable home loan interest rates, after the central bank eased official rates.
www.news.com.au
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