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Deferral periods on scores of commercial loans will soon be ending, and many banks’ profits this year could turn on whether borrowers can resume making payments or will seek extensions.
June 25 -
Borrowers say getting the loans forgiven is just as complicated as obtaining the money; payment companies are holding some merchant funds in reserve as chargebacks spike.
June 15 -
Dramatic volatility in the global oil market, plummeting demand and potential regulatory risks are making some banks rethink their energy strategy.
June 3 -
The Dallas bank appears to be at a crossroads after its merger with Independent Bank Group was called off Tuesday.
May 26 -
Texas Capital also said that Keith Cargill has stepped down as president and CEO.
May 26 -
Even CUs that don’t directly serve the oil and gas industry are likely to be impacted, experts say.
May 6 -
The company reported a loss of $1.3 billion in the first quarter after setting aside more than $5.4 billion for potential loan losses.
April 24 -
The energy business alone faces immense challenges and the overall economy may not bounce back until 2022, Stephen Steinour says.
April 23 -
Rather than selling off assets at a steep discount, the Dallas company is considering taking equity positions in energy firms struggling to make loan payments in the wake of collapsing prices.
April 21 -
Weak demand for oil and gas, brought on by the economic fallout of the coronavirus outbreak, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of potential problems.
March 31