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Stock impact report

Bankers Doing Oil Deals Others Won't Are Redrawing an Old Map [Financial Post (Toronto, Ontario, Canada)]

Texas Capital Bancshares, Inc. (TCBI) 
Last texas capital bancshares, inc. earnings: 4/22 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.texascapitalbank.com
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — A number of US and Canadian regional banks are rapidly expanding their presence in the market for oil, gas and coal dealmaking, in a move that promises to redraw the map for the financing of fossil fuels. Among those making the biggest gains during the past 2 1/2 years is Texas Capital Bank, according to data compiled by Bloomberg. Other banks doing significantly more fossil-fuel deals include Truist Securities Inc., FHN Financial, Cadence Bank, BOK Financial Corp. and Canadian Western Bank, the data show. The companies have climbed between 17 and 46 steps up the league table since the end of 2021, and now rank among the world's top 50 lenders measured by the number of oil, gas and coal transactions. Marc Graham, head of energy at Texas Capital, says it's like being on a “treadmill” where the goal is “to constantly be adding new clients” in the oi Show less Read more
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