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Fee income was upside surprise at regionals, including Texas Capital

American Banker

Dallas-based Texas Capital stood out from the pack, reporting a large uptick in fee income thanks largely to its new investment banking platform. Median noninterest income at midsize banks rose 7.2% in the second quarter, exceeding expectations.

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New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

General and Administrative Hub in Dallas. The project will create 3,000 new jobs and more than $75 million in capital investment. “I I am proud to welcome Uber’s investment in the great state of Texas, along with the 3,000 jobs the company will bring to its new Dallas office,” Abbott said in a press release. billion from $2.76

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Texas Capital sees mortgage woes amid long-term overhaul

American Banker

The Dallas bank's full-year results showed progress toward its long-term strategic goals despite a fourth-quarter drop-off in net interest income heavily tied to its mortgage business, executives said on an earnings call.

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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

Factom , whose website describes the firm as a “blockchain innovations company,” is likely the oldest such company in the region and is five years old this month, according to Harris. It also has crypto investment funds such as Multicoin Capital and Adamant Capital.

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Amazon Seeks 100K Workers For Operations Roles

PYMNTS

The eCommerce retailer indicated that it has opened more than 75 new facilities, including regional air hubs, sortation centers and delivery stations, in the U.S. The six targeted cities – Detroit, Dallas, New York, Denver, San Diego and Phoenix – were to be part of an investment of over $1.4 and Canada this year.

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15 Minutes With … Jimmy Rasmussen

Independent Banker

IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. I do my best to be their voice at our Dallas meetings. IB: What kinds of insights do you provide as a director to the Dallas Fed? IB: What kinds of insights do you provide as a director to the Dallas Fed?

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Grappling With COVID-19, Airlines Shift From Passengers To Cargo

PYMNTS

777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. As COVID-19 has reduced passenger traffic by about 50 percent, there has been some optimism for cargo flights in the region. The planes, Boeing Co.