Holden Wilen - HoustonNewMedia.org

JPMorgan CEO Jamie Dimon lavishes special attention on Texas in shareholder letter

Holden Wilen — Wed, 16 Apr 2025 19:57:29 +0000

Jamie Dimon's annual letter to shareholders has become must-read material for business leaders. While this year's letter mostly focuses on tariffs and other major economic issues, he dedicated a substantial portion to Texas — a sign of the state's impo...

The post JPMorgan CEO Jamie Dimon lavishes special attention on Texas in shareholder letter first appeared on HoustonNewMedia.org.

The post JPMorgan CEO Jamie Dimon lavishes special attention on Texas in shareholder letter appeared first on HoustonNewMedia.org.

Comerica Bank to close 19 branches, including 1 in Houston

Holden Wilen — Wed, 26 Feb 2025 20:14:59 +0000

Comerica Bank is continuing its cost-cutting after closing 26 branches in 2024.

The post Comerica Bank to close 19 branches, including 1 in Houston first appeared on HoustonNewMedia.org.

The post Comerica Bank to close 19 branches, including 1 in Houston appeared first on HoustonNewMedia.org.

NYSE to launch Texas-based stock exchange as competition on ‘Y’all Street’ heats up

Holden Wilen — Wed, 12 Feb 2025 20:47:50 +0000

By moving an existing exchange from Chicago, NYSE wants to compete directly with the upstart Texas Stock Exchange.

The post NYSE to launch Texas-based stock exchange as competition on ‘Y’all Street’ heats up first appeared on HoustonNewMedia.org.

The post NYSE to launch Texas-based stock exchange as competition on ‘Y’all Street’ heats up appeared first on HoustonNewMedia.org.

Texas Stock Exchange submits registration to Securities and Exchange Commission

Holden Wilen — Mon, 03 Feb 2025 13:58:00 +0000

TXSE Group faces a long and arduous approval process. But if successful, it could shake up the New York-dominated trading industry and further cement Dallas' standing as a key U.S. financial hub.

The post Texas Stock Exchange submits registration to Securities and Exchange Commission first appeared on HoustonNewMedia.org.

The post Texas Stock Exchange submits registration to Securities and Exchange Commission appeared first on HoustonNewMedia.org.

JPMorgan Chase ends remote work, mandates employees return to office

Holden Wilen — Fri, 10 Jan 2025 22:44:21 +0000

JPMorgan Chase is the latest financial giant to mandate workers return to the office as the post-pandemic tide continues to shift against remote work.

The post JPMorgan Chase ends remote work, mandates employees return to office first appeared on HoustonNewMedia.org.

The post JPMorgan Chase ends remote work, mandates employees return to office appeared first on HoustonNewMedia.org.

After failed merger, here’s what’s next for Sunflower Bank

Holden Wilen — Thu, 09 Jan 2025 14:00:46 +0000

Sunflower Bank saw a proposed merger fall through near the end of 2024. Now, it's more than doubling the size of its headquarters. Read on to learn more about the bank's plans.

The post After failed merger, here’s what’s next for Sunflower Bank first appeared on HoustonNewMedia.org.

The post After failed merger, here’s what’s next for Sunflower Bank appeared first on HoustonNewMedia.org.

Fortress Investment Group CEOs ride crest of ‘Y’all Street’ wave in Dallas

Holden Wilen — Tue, 24 Dec 2024 17:28:14 +0000

A private equity powerhouse with around $50 billion in assets under management is quietly led out of an office overlooking Dallas' swanky Knox Street. It's involved in deals like the rescue of restaurant chain Red Lobster and the launch of the proposed...

The post Fortress Investment Group CEOs ride crest of ‘Y’all Street’ wave in Dallas first appeared on HoustonNewMedia.org.

The post Fortress Investment Group CEOs ride crest of ‘Y’all Street’ wave in Dallas appeared first on HoustonNewMedia.org.

$2 billion buyout of Texas-based Independent Bank OK’d by regulators

Holden Wilen — Mon, 16 Dec 2024 20:31:17 +0000

SouthState Corp.'s $2 billion buyout of Independent Bank Group Inc. ranks as the largest bank acquisition announced in the U.S. this year.

The post $2 billion buyout of Texas-based Independent Bank OK’d by regulators first appeared on HoustonNewMedia.org.

The post $2 billion buyout of Texas-based Independent Bank OK’d by regulators appeared first on HoustonNewMedia.org.

Texas-based Sunflower Bank’s merger with Seattle-based bank called off

Holden Wilen — Fri, 06 Dec 2024 20:29:56 +0000

Despite multiple attempts, the parent companies of Dallas-based Sunflower Bank and a Seattle-based bank could not get the proposed merger over the finish the line. Learn what led to the demise of a deal that would have created a $17 billion-asset bank ...

The post Texas-based Sunflower Bank’s merger with Seattle-based bank called off first appeared on HoustonNewMedia.org.

The post Texas-based Sunflower Bank’s merger with Seattle-based bank called off appeared first on HoustonNewMedia.org.

Independent Bank to exit mortgage warehouse business

Holden Wilen — Mon, 28 Oct 2024 12:59:42 +0000

Independent Bank is exiting the mortgage warehouse business as it works toward a buyout by SouthState Corp. Read more about the decision and how CEO David Brooks says it will benefit the bank in this story.

The post Independent Bank to exit mortgage warehouse business first appeared on HoustonNewMedia.org.

The post Independent Bank to exit mortgage warehouse business appeared first on HoustonNewMedia.org.

‘Execution will be the key’: Wall Street analysts offer mixed reviews of Southwest’s turnaround plan

Holden Wilen — Fri, 04 Oct 2024 19:40:16 +0000

While Wall Street analysts have said the vision laid out by Southwest Airlines executives, if achieved, would represent a marked improvement in the company's performance, they also expressed a healthy dose of skepticism. Here's a look at what the exper...

The post ‘Execution will be the key’: Wall Street analysts offer mixed reviews of Southwest’s turnaround plan first appeared on HoustonNewMedia.org.

The post ‘Execution will be the key’: Wall Street analysts offer mixed reviews of Southwest’s turnaround plan appeared first on HoustonNewMedia.org.

Southwest Airlines unveils ‘transformational plan’ as CEO Bob Jordan fights to keep his job

Holden Wilen — Thu, 26 Sep 2024 19:31:03 +0000

The plan to turn Southwest's financial performance around comes as CEO Bob Jordan and other execs fight to keep their jobs amid investor pressure.

The post Southwest Airlines unveils ‘transformational plan’ as CEO Bob Jordan fights to keep his job first appeared on HoustonNewMedia.org.

The post Southwest Airlines unveils ‘transformational plan’ as CEO Bob Jordan fights to keep his job appeared first on HoustonNewMedia.org.

Exxon Mobil laying off employees at former Pioneer Natural Resources HQ

Holden Wilen — Mon, 12 Aug 2024 21:13:15 +0000

Exxon Mobil offered transition roles to some employees, while others declined offers to join the company.

The post Exxon Mobil laying off employees at former Pioneer Natural Resources HQ first appeared on HoustonNewMedia.org.

The post Exxon Mobil laying off employees at former Pioneer Natural Resources HQ appeared first on HoustonNewMedia.org.

Energy Transfer, Sunoco form Permian Basin pipeline JV

Holden Wilen — Wed, 17 Jul 2024 12:49:10 +0000

A joint venture between Energy Transfer LP and Sunoco LP will operate more than 5,000 miles of crude oil- and produced water-gathering pipelines.

The post Energy Transfer, Sunoco form Permian Basin pipeline JV first appeared on HoustonNewMedia.org.

The post Energy Transfer, Sunoco form Permian Basin pipeline JV appeared first on HoustonNewMedia.org.

Big 12 reportedly considers private equity investment of up to $1B

Holden Wilen — Thu, 13 Jun 2024 21:43:11 +0000

A portion of the money would go directly to the Big 12's 16 conference members, which now includes the University of Houston.

The post Big 12 reportedly considers private equity investment of up to $1B first appeared on HoustonNewMedia.org.

The post Big 12 reportedly considers private equity investment of up to $1B appeared first on HoustonNewMedia.org.

Matador Resources to spend $1.9B on Ameredev unit drilling in Delaware Basin

Holden Wilen — Wed, 12 Jun 2024 19:34:08 +0000

This is the second deal between Matador and Houston-based EnCap Investments LP, which backs Ameredev, within the past 18 months.

The post Matador Resources to spend $1.9B on Ameredev unit drilling in Delaware Basin first appeared on HoustonNewMedia.org.

The post Matador Resources to spend $1.9B on Ameredev unit drilling in Delaware Basin appeared first on HoustonNewMedia.org.

Upstart Texas Stock Exchange aims to be game changer, but faces uphill climb

Holden Wilen — Wed, 12 Jun 2024 17:19:59 +0000

The Texas Stock Exchange would serve as an alternative to what is essentially a duopoly between the New York Stock Exchange and the Nasdaq.

The post Upstart Texas Stock Exchange aims to be game changer, but faces uphill climb first appeared on HoustonNewMedia.org.

The post Upstart Texas Stock Exchange aims to be game changer, but faces uphill climb appeared first on HoustonNewMedia.org.

Texas could be home to new national stock exchange

Holden Wilen — Wed, 05 Jun 2024 16:11:59 +0000

Dallas-based TXSE Group Inc. plans to launch the Texas Stock Exchange with backing from BlackRock, Citadel Securities and more.

The post Texas could be home to new national stock exchange first appeared on HoustonNewMedia.org.

The post Texas could be home to new national stock exchange appeared first on HoustonNewMedia.org.

Forvis, Mazars complete combination creating $5B accounting giant

Holden Wilen — Mon, 03 Jun 2024 19:44:37 +0000

The formation of Forvis Mazars LLP creates a global accounting giant but also has implications in the U.S.

The post Forvis, Mazars complete combination creating $5B accounting giant first appeared on HoustonNewMedia.org.

The post Forvis, Mazars complete combination creating $5B accounting giant appeared first on HoustonNewMedia.org.

Aethon Energy to drop $260M on Louisiana assets

Holden Wilen — Wed, 29 May 2024 18:40:46 +0000

Aethon Energy Management says the acquisition of Tellurian's upstream assets will provide "complementary growth opportunities" alongside its existing upstream and midstream footprint in the Haynesville shale basin. Read on to learn more about the lates...

The post Aethon Energy to drop $260M on Louisiana assets first appeared on HoustonNewMedia.org.

The post Aethon Energy to drop $260M on Louisiana assets appeared first on HoustonNewMedia.org.