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Hancock Holding's decision to significantly raise its allowance for energy loan losses reveals that oil-related issues could last longer and cut deeper than what bankers had originally forecast.
December 18 -
Dick Evans will retire as Cullen/Frost Bankers' chairman and chief executive in March, and the San Antonio company has chosen its president, Philip Green, to succeed him.
July 29 -
Cullen/Frost Bankers will consolidate about 175 employees at a new office tower in Fort Worth, Texas, for which it will also be the anchor tenant.
October 9
Cullen/Frost Bankers in San Antonio has named the leader of a jewelry store chain to its board.
The $28 billion-asset Cullen/Frost appointed Chris Avery a director of both the holding company and Frost Bank, effective Monday. Cullen/Frost expanded both boards by one seat to add Avery.
Avery is chairman and chief executive of James Avery Jewelry, a Kerrville, Texas, manufacturer and retailer of jewelry. James Avery operates about 50 stores nationwide.
Avery and his associates are current or past customers of Frost Bank, the company said in a regulatory filing.
