Capital Ideas in Regional Banking
Before I move on from looking at banks that are based in what the Milken Institute judges to be the best-performing cities, I want to look at one more region and share some general thoughts.
On the Milken list, the dominant state is Texas, as the combination of high tech around Austin, oil and gas in Houston, low taxes and a business-friendly government has made the state one of the best places in the U.S. to do business. I wrote about Texas banks not long ago, and banks that operate there should be on your watch list for an opportunity to buy at a decent discount to tangible book value....644 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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