Author: Chandler France

Keith Tucker, who has served as the company’s interim CEO since March, is Team Inc.’s new permanent CEO.

A number of Houston-based companies announced merger and acquisition deals in the past month. Here’s a look at some of the transactions among local financial-related companies during November.

Leaders from various Houston banks and financial institutions are optimistic about how the region would perform if a significant economic downturn were to occur nationally.

Achieve, a California-based personal finance company focusing on debt service solutions, hired about 100 employees for its Houston remote hub with plans to hire 100 more by the end of 2023.

Dallas-based Westwood Holdings Group closed its acquisition of Houston-based asset management firm Salient Partners in a deal that could be worth up to $60 million.

“We will not stop lending,” said Nasrullah Khan, chief lending officer at Wallis Bank, even as he said rising rates and economic uncertainty will lead to more caution in lending.

The “Great Resignation,” early retirements and declining birth rates all point to an impending labor shortage that business leaders need to accept and address, argues Fifth Third Bank economist Jeffrey Korzenik.

OEC Group, an international shipping company, started its Houston-based liquid logistics group in 2019 and plans to continue expanding the team.

OEC Group, an international shipping company, started its Houston-based liquid logistics group in 2019 and plans to continue expanding the team.

Gretchen Sheirr was promoted to president of business operations for the Houston Rockets in in May 2021 after 20 years with the organizations. Here’s how she got there.