Banking & Financial Services News

Frost Bank reports strong third quarter earnings

The acquisition of WNB Bancshares Inc. in May 2013 contributed to about half of Frost's loan and deposit growth.

Wells Fargo offers credit cardholders $20 to try Apple Pay

Wells Fargo has plenty of money and marketing muscle. The San Francisco-based bank is using both to get shoppers to sign up for Apple Pay.

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Washington Bureau

Fed ends bond purchases; how much bang did it get for all these bucks? (Video)

As expected the Federal Reserve announced it will end its monthly bond purchases, a $3 billion economic stimulus program that the Fed contends met its objective.

Morning Edition

Wyly's widow is insolvent, needs family's help, according to bankruptcy filing

Caroline Wyly, 81, is seeking a settlement with the Securities and Exchange Commission and the Internal Revenue Service in the wake of a lawsuit against her late husband, Charles, and his brother, Samuel.

New manufacturing facility in Seguin to create 200 jobs

Gov. Rick Perry announced an $800,000 investment from the Texas Enterprise Fund to close the deal on a new facility for Siro Group USA.

Washington Bureau

What do women entrepreneurs want? Candidates who understand business

A new survey by the National Association of the Self-Employed found that reforming the individual tax code is a top priority for women business owners. That's because more than 80 percent used personal savings to start their companies.

How-To: Funding

3 steps to building strong credit for your business

For many new businesses, the lack of business credit means that owners are often forced to tie their personal credit to any financing they establish for their new company. This scenario is less than ideal from the standpoint of a business owner.

Morning Edition

Charles Wyly's widow files for Chapter 11 bankruptcy, cites $101M SEC debt

A federal judge said Thursday that she would agree to freeze the assets of Caroline Wyly and her brother-in-law, Samuel Wyly, who filed for bankruptcy earlier this week.

Facing $400 million judgment, Wyly seeks Chapter 11 bankruptcy

Facing $400 million judgment, Samuel Wyly seeks Chapter 11 bankruptcy

Teladoc ranks 2nd in Texas with $50M venture capital deal

Teladoc ranks 2nd in Texas with $50M venture capital deal

Proposition 8 aims to attract the best leadership to City Hall

Prop 8 aims to attract the best leadership to City Hall

Cover Story: Incentives won't die, a statewide Texas Business Journals cover story

In the past nine years, Texas lawmakers pumped more than $1 billion into two job-creating funds (Texas Enterprise Fund, Emerging Technology Fund). And while those funds will likely survive once a new governor is elected, there will probably be much less of them to dole out

BD exec credits TEF funds as the reason for move to Texas

Statewide Texas Business Journal cover story

Top Texas governor candidates talk incentives, business issues

Statewide Texas Business Journals Cover Story

Multiple bidders pawing at PetSmart for possible buy

The New York Post reported that the Phoenix-based retailer is accepting bids through next Friday.