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Prosperity acquires Franklin Bank
Both banks are based in Houston. Prosperity (NASDAQ: PRSP), a $10.5 billion, financial holding company and parent of Prosperity Bank, said it would take over Franklins deposits of about $3.7 billion from the receiver, the Federal Deposit Insurance Corp.,more
Man gunned down in parking lot of Houston apartments
A man in his mid-20s was found dead in a Nissan sedan in the parking lot, he said. The man was known to frequent the area but is not believed to be a resident of the complex, Moreno said. Robbery does not appear to be a motive, because the man still hadmore
The Buckingham Raises $19,000 to End Alzheimer's Disease; Largest Corporate Fundraiser for Memory Walk
In late August, residents and staff members of The Buckingham retirement community launched a determined fundraising and awareness campaign to end Alzheimers disease. In November, the efforts paid off when they donated $19,000 to the Houston andmore
U.S. orders diplomats out after Houston-office dispute
Sept 11: Chavez recalls his ambassador; but the State Department expels him and orders him to leave in 72 hours. The U.S. State Department has revoked the visas and diplomatic privileges of a dozen Venezuelan consular officials after a two-month disputemore
Climate: A synopsis of Kevin Trenberth's talk in Houston
Sorry for the delay, but it's been a busy week and I'm just now getting to post some thoughts on Your perspective on climate change, of course, will determine whether that's a good thing or a bad thing. Overall it was a pedestrian lecture on climatemore
QY Texas' Six-Year Pact Lights Cedar Crossing
d. BAYTOWN, TX-QY Texas Group Inc., which handles regional operations for the Jiangsu Qiyuan Group Zhangjiagang Zhongyuan Pipe-Making Co. Ltd., has set up shop in nearly 67,000 square feet of the 129,568-square-foot Cedar Crossing. The six-year lease hasmore
Men sought in southeast Houston woman's shooting
Police said Ward and two unidentified men fired multiple shots at a residence at 8022 Grandview, killing Glover and wounding two men in the house. Crime Stoppers will pay up to $5,000 for information that leads to the capture of Ward or themore
Shawn Gracey Joins Houston?s Hotel Icon As GM
Shawn Gracey has been appointed general manager of Hotel ICON (www.hotelicon.com), an award-winning Destination Hotels & Resorts boutique property located in the heart of downtown Houston. Since opening in 2004, the intimate, 135-room hotel, housedmore
Baytown area soldiers meet in Iraq
Three American soldiers traveled a long way from homes in the Baytown area to meet for the first time in Iraq.Sgt. Andrew Gardiner of Baytown, Sgt. Robert Tepera of Crosby and Sgt. Richard Gigout of Highlands gathered at one location recently to fieldmore
Receptions for Lee presidential finalists
The Lee College Board of Regents has scheduled a series of community receptions next week for the three presidential finalists. All receptions will be in the Lee College Cyber Caf in the Student Center from 4:30-5:30 p.m. The public is invited to meetmore
Museum gearing up for Christmas Tree Fantasy
The folks at the Baytown Historical Museum know it's been a rough year for many Baytonians with Hurricane Ike causing so much destruction and discouragement, and they're hoping to lift citizens' spirits by spreading a little cheer this holiday season.Butmore
From the desk of the publisher
We received numerous calls on Tuesday regarding the location of the Ad Note on the front page of The Baytown Sun, as did the advertiser. While Ad Notes run two or three times a month on the Sun's front page, unfortunately this time it covered the photomore
Larger school formally dedicated
The original building was constructed 53 years ago, and James Bowie Elementary School hs steadily improved since opening its doors.Bowie's seen its fair share of renovations over the years, but with the community's support through the 2005 bond issue, amore
Historic Preservation Council Considers Houston, Springfield Sites
Missouri Ag News Headlines Missouri Ag Connection - 11/07/2008 The Missouri Advisory Council on Historic Preservation will consider nominations to the National Register of Historic Places during its quarterly meeting Nov. 14 in Jefferson City. Themore
Indian American Renu Khator is head of Houston varsity
As she formally took the helm of a major US research institution, Renu Khator, the first India-born president of the University of Houston (UH), has outlined a bold new vision declaring student success as its first priority. Khator, who began her tenuremore
Regulators shut banks in LA, Houston
The Federal Deposit Insurance Corp. was appointed receiver of Franklin Bank, which had $5.1 billion in assets and $3.7 billion in deposits as of Sept. 30, and of Security Pacific Bank, with $561.1 million in assets and $450.1 million in deposits as ofmore
Report: General to look at Houston recruiter suicides
The Army has appointed a brigadier general to investigate allegations that commanders of a Houston-based recruiting battalion tried to cover up a toxic leadership climate and low morale after a recent string of suicides, according to a letter obtainedmore
UPDATE:US Regulators Shut Franklin Bank, SSB, Of Houston
Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Texas regulators on Friday closed Houston-based Franklin Bank, S.S.B, the 18th bank to fail in the U.S. this year. The Federal Deposit Insurance Corp. was named receiver and said all deposits of Franklinmore
US Regulators Shut Franklin Bank, SSB, Of Houston
WASHINGTON -(Dow Jones)- Texas regulators on Friday closed Houston-based Franklin Bank, S.S.B, the eighteenth to fail in the U.S. this year. The Federal Deposit Insurance Corp. was named receiver and said all deposits of Franklin Bank - even thosemore
Bayou Bend Engages Houston-Based Financial Advisor
Bayou Bend has engaged Canaccord Adams Inc. in Houston, Texas as its exclusive financial advisor to assist the Company with its current review of the strategic and financial alternatives available to it. Alternatives being considered by the Companymore
UPDATE:US Regulators Shut Franklin Bank, SSB, Of Houston
(Adds details on cost to FDIC insurance fund and comment from Prosperity) By Meena Thiruvengadam Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Texas regulators on Friday closed Houston-based Franklin Bank, S.S.B, the 18th bank to fail in the U.S. thismore
18th bank fails: Houston's Franklin Bank
SAN FRANCISCO (MarketWatch) -- Houston-based Franklin Bank S.S.B. was closed by regulators Friday, the 18th bank failure this year amid the ongoing credit crisis. The Federal Deposit Insurance Corporation said in a statement that Franklin Bankmore
US Regulators Shut Franklin Bank, SSB, Of Houston
By Meena Thiruvengadam, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Texas regulators on Friday closed Houston-based Franklin Bank, S.S.B, the eighteenth to fail in the U.S. this year. The Federal Deposit Insurance Corp. was named receiver and saidmore
MLS: Houston 1, Chivas USA 1 (tie)
De Rosario scored on a penalty kick in the 52nd minute for Houston by OfficialWire NewsDesk CARSON, CA (OfficialWire) 10/26/08 Dwayne De Rosario and Jim Curtin swapped goals Saturday when Chivas USA played the Houston Dynamo to a 1-1 tie in the MLSmore
FEMA: Housing aid not 'as fast as we wanted'
Getting Ike victims the housing they need has not been going the way FEMA had hoped, which is why FEMA Administrator David Paulison traveled from Washington to the Texas Gulf Coast this week to check out the situation."I'm not going to make excuses, itmore
Students will get to designate GCM namesake
Goose Creek CISD officials are debating the meaning of "memorial," the name of the district's third high school, which opened more than two months ago.School board members selected the name in 2007, when 33 selections were narrowed to the final Goosemore