Tennessee is latest battleground for controversial energy loan program
Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage. ... Read full article
News Topic: Energy industry
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Can bank divestment stop the Dakota Access Pipeline?
Activists are pressuring banks involved in financing the controversial Dakota Access pipeline to abandon the project by threatening to withdraw their money and sever business ties. Can that tactic change how banks approach lending – and what does it mean ... Read full article
BBVA Compass reports balanced quarterly growth, reduced energy book
The company continued to reduce its exposure to energy loans during the fourth quarter. ... Read full article
Energy slump is over, as far as Texas banks are concerned
Even with some energy firms still struggling, bankers seemed confident that the Texas economy would remain one of the nation’s strongest in 2017. ... Read full article
Zions' 4Q profit climbs 42% on loan, fee growth
Net income was also aided by a sharp drop in the provision for credit losses as chargeoffs on energy loans continued to decline. ... Read full article
Energy’s rebound bolsters Hancock’s 4Q profit
An improving picture in the energy sector helped Hancock Holding in Gulfport, Miss., report a huge jump in fourth-quarter profit. ... Read full article