Energy industry

What Middle East turmoil could mean for U.S. energy lenders


The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand.


Why Fifth Third is raising its bet on alternative power


The Cincinnati bank recently expanded its renewable energy banking business to include investment banking services. Its ambitious goals demonstrate the sector’s growing appeal to regional and community banks.


Comerica signals tougher market for liquidating energy assets


The Texas bank said it was setting aside higher provisions for credit losses as private investments are drying up in a volatile oil and gas market.


On climate risk, U.S. regulators at odds with global counterparts


A sharp disagreement between foreign and U.S. regulators is emerging on how far banking supervisors should go in asking financial institutions to stress test their loan and investment portfolios for any risks associated with climate change.


Zions reports 6% loan growth, milestone on core conversion


The Salt Lake City bank saw growth across all lending categories and an improvement in credit quality. It also said it has finished the second of three stages in its multiyear conversion to new core-banking technology.


Several banks disclose exposure to clean energy firm's bankruptcy


At least four banks may lose certain tax benefits if it is proven that DC Solar operated an investor scheme.


Amalgamated buys loan portfolio tied to energy efficiency projects


The bank gained $45 million in PACE financings, which let homeowners pay back the costs of efficiency projects over time.


Nearly two years into turnaround, MidSouth chief still has his hands full


James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.


Banks have little to fear from lower oil. They may even benefit


Banks can handle the energy-linked loans they've extended — as long as oil prices don't drop much below $50 per barrel, analysts are saying.


Okla. energy lender plans IPO to fund acquisitions


Bank 7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.