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Texas Bankers Watch for Oil Fallout.

Authors :
SIDEL, ROBIN
Tracy, Ryan
Source :
Wall Street Journal - Eastern Edition. 2/12/2015, Vol. 265 Issue 35, pC1-C2. 2p. 2 Color Photographs, 2 Graphs.
Publication Year :
2015

Abstract

The article discusses concerns about falling oil prices among banks in Texas that have made loans to hotels and other businesses that cater to workers in the state's energy industry. Mutual of Omaha Bank and Cadence Bank in Houston are among banks keeping a closer watch on the businesses they have issued loans to. The Texas Department of Banking is monitoring several small banks believed to have particularly heavy exposure to the energy industry.

Details

Language :
English
ISSN :
00999660
Volume :
265
Issue :
35
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
100925396