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"I think we've just got to get more people down from New York to see Texas," says Dick Evans, CEO of Cullen/Frost Bankers. "Everyone thinks we're just a bunch of cowboys running around oil and gas wells. It's a little bit different than that."
Evans, soon to retire as CEO of Cullen/Frost Bankers, believes his company is well positioned to withstand the fallout from low oil prices. He is advising his successor to avoid the temptation to panic and focus on the long view.

Top Stories

While the courts generally accord deference to regulators, Judge Rosemary M. Collyer of the D.C. District Court appeared highly skeptical of the Financial Stability Oversight Council's case during the first round of oral arguments on Wednesday.  more »
Should companies that manage collateralized loan obligations but don't originate the loans be subject to Dodd-Frank's risk-retention rules for securitizations?  more »
Sen. Bernie Sanders' victory in New Hampshire will undoubtedly boost his campaign, but his plan to cap interest rates for credit card and other consumer loans at 15% won't help anyone in the short term and could potentially wreak havoc on low-income people in the long term. Here's how.  read more »
Bankers, irate with the NCUA's plan to expand field-of-membership for certain credit unions, are flooding the agency with comment letters. The NCUA has received 10,500 total letters, or more than triple the previous record for such responses.  read more »
FinTech Forward
Why a Former Trust Company Launched a Digital-Only Bank
Rather than partner with a startup, 45-year-old Equitable Bank in Canada created a separate brand, EQ Bank, to acquire customers who are ready for an account without a debit card.  read more »
Under the new model, tax preparers must pay lenders for originating loans and are prohibited from passing costs on to borrowers. But consumer advocates argue that pricing of tax preparation services is so opaque that customers could be paying loan fees and not even know it.  read more »
PL Capital is raising money for a new fund that'll target banks with up to $75 billion of assets, after 20 years of sticking to just community banks with less than $3 billion of assets. In this Q&A, Richard Lashley explains why activist investors are eyeing bigger banks now and how banks can avoid his kind.  read more »
Online lenders like Aprenita, Payability and Pollen VC have all launched within the last 13 months to fill a need they say is not being met by traditional banks, and only partially by venture capitalists and invoice-financing companies.  read more »
Banking has been quiet compared with other industries, but now activist investors are bulking up and planning to go after bigger targets. Look for the next M&A wave to be fueled by these aggressive hedge funds as they push for board seats and ultimately a sale.  read more »