Woodforest National Bank promotes executive to president, CEO

The Woodlands-based Woodforest National Bank, the 11th-largest bank in the Houston market by local deposits, named a new president and CEO.  James “Jay” Dreibelbis was tapped to lead the bank by the company’s board of directors in a Jan. 17 press rele...

By | 2019-01-18T17:42:31+00:00 January 18th, 2019|Economics|

Bitcoin review: Coinme and Coinstar team up, DC impasse slows startup momentum

To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we here at the New York Business Journal compile a list of the week's top stories each Friday. Peruse the listicle below for the headlines you might ...

By | 2019-01-18T17:18:46+00:00 January 18th, 2019|Economics|

Startup with KC ties earns coveted spot in NY fintech program

A startup with Kansas City ties landed a coveted spot in New York-based Financial Solutions Lab (FinLab), a program spearheaded by JPMorgan Chase and the Center for Financial Services Innovation. The goal of FinLab is to find and test innovations that ...

By | 2019-01-15T20:16:37+00:00 January 15th, 2019|Economics|

Par Pacific acquires Tacoma refinery with Bank of Hawaii’s help

Par Pacific Holdings Inc., which owns Hawaii’s only operating oil refinery, has closed on its acquisition of U.S. Oil & Refining Co. and its refining and logistics businesses in the Pacific Northwest for $358 million. Par Pacific (NYSE: PARR) said Mon...

By | 2019-01-14T23:15:56+00:00 January 14th, 2019|Economics|

Banks in Houston provide financial relief to clients impacted by shutdown

As the longest partial government shutdown in U.S. history drags on, banks with Houston ties are reaching out with financial aid for furloughed customers. On Thursday, Jan. 10, Birmingham, Alabama-based BBVA Compass Bank, the subsidiary of Houston-ba...

By | 2019-01-14T22:52:30+00:00 January 14th, 2019|Economics|

Ryan Martin’s new Buffalo-based private equity firm, Fairchild Capital Partners, makes first deal

Ryan Martin has PE in his blood. His father, the late Dennis Martin, was among the partners of Strategic Investments & Holdings. Ryan worked at Summer Street Capital from 2009 to 2017 until striking out on his own.

By | 2019-01-14T10:27:11+00:00 January 14th, 2019|Economics|

Another Voice: An alternative to forming a public bank

Recently there has been growing support to form a public bank that provides financial services for the underserved, including the multibillion-dollar cannabis industry, and extending credit to fund much needed infrastructure development and affordable ...

By | 2019-01-11T21:47:36+00:00 January 11th, 2019|Economics|