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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection

PYMNTS

The retailer said it filed voluntary petitions in the United States Bankruptcy Court for the Northern District of Texas – Dallas Division to pursue the reorganization. Tuesday Morning foresees shuttering roughly 230 of 687 retail locations, with the store closure process set to occur during the summer.

Texas 130
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Photo by Dennis Burnett. Here’s how four community banks are thriving in this environment. By Mindy Charski.

Texas 182
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Amazon’s Next Warehouse Will Specialize In Large Items

PYMNTS

From the local community to state leadership, we appreciate the tremendous support from elected officials for this project, and we look forward to growing in the Peach State.” “This facility will create hundreds of new jobs with competitive pay and great benefits starting on day one.

Georgia 100
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2020 GonzoBanker Awards

Gonzobanker

times tangible book for the attractive geographic footprint of BBVA weeks before the COVID vaccine starts to ship should spell accretion and strong future strategic positioning for PNC, especially in Texas where a brain drain from California led by Elon Musk will continue. The Tiny Bank that Did It Award UBank of Texas.

Idaho 174
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Temenos to Acquire Kony: So What?

Gonzobanker

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million. This deal looks good for Temenos, Kony and the banking industry clients of both firms.

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Major retailers have announced closings of 8,700 locations in the United States since the start of the pandemic. Regulators will amp up their safety and soundness game in early 2021, especially for the institutions with Texas ratios out of line. Do you know which loans will end up as work-outs post-COVID? Be M&A ready.

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2021 GonzoBanker Awards

Gonzobanker

After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Lifetime Leadership Achievement Awards. Congrats on a brave move and national recognition Jim!

Fintech 144