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Texas Capital Bancshares in Dallas reported higher quarterly profit, fueled by an increase in the size and quality of its loan portfolio.
July 24 -
A recent oil and gas boom in Texas that has captivated banks' attention is also drawing the eye of regulators as they become concerned how far institutions will go to win loans and hire specialists within the energy industry.
May 16
Ted Strauss, a Dallas entrepreneur who helped establish two of the city's most-prominent banks, died Friday morning.
The news was first reported by the
Strauss was a founder of the $13.5 billion-asset Texas Capital Bancshares, which opened in 1998. He also was a founder of the $97 million-asset United National Bank, which opened in 1975 and, through subsequent acquisitions, is now part of JPMorgan Chase.
He once worked as a managing director at Bear Stearns, an investment bank that was bought by JPMorgan during the financial crisis.
Before Strauss was a banker, he was an entrepreneur. He founded Susan Crane Packaging, a high-end gift wrapping company, in 1951, according to the Dallas Morning News.
Strauss' wife, Annette, was the first woman mayor of Dallas. She died in
