Who is PlainsCapital Corporation?
PlainsCapital Corporation is an independent financial services company based in Dallas. PlainsCapital was founded by current Chairman and CEO Alan B. White and a group of investors in 1987.
What Companies make up PlainsCapital Corporation?
The corporation’s cornerstone is PlainsCapital Bank, one of the largest independent financial institutions in the U.S. with more than $4 billion in assets. PlainsCapital is also parent company to PrimeLending, the leading residential mortgage company in the Dallas-Fort Worth area with offices nationwide, and to Hester Capital Management. Hester Capital is a professional investment advisory firm dedicated to managing the assets of private individuals, families, trusts and estates, charitable organizations, endowments and foundations, retirement plans, and public funds.
Who are PlainsCapital Corporation’s customers and what services does PlainsCapital offer?
PlainsCapital Corporation serves middle market commercial companies, high net worth individuals and retail customers. PlainsCapital’s services include:
- Commercial Real Estate Lending
- Commercial Lending
- Commercial Banking
- Treasury Management
- Capital Equipment Leasing
- Private Banking
- Wealth & Asset Management
- Retail Banking
- Residential Mortgages
In early November 2008, it was announced that PlainsCapital Corporation would merge with First Southwest Holdings, Inc. What does this mean for both companies?
PlainsCapital Bank and First Southwest are creating a full-service middle market bank. The companies’ expertise, customer base and relationship culture complement each other. Together, they will provide highly personalized attention and sophisticated financial services to their customers.
Who is First Southwest?
First Southwest is one of the largest privately held financial advisory firms and investment banks in the country with equity capital in excess of $79 million and annual revenue of more than $103 million.
What services does First Southwest offer and who are its customers?
First Southwest has four primary lines of business: public finance, capital markets, correspondent clearing services and corporate finance. More than 55 percent of First Southwest revenue comes from public finance. First Southwest clients include government and public entities, corporate and institutional investors and high net worth individuals.
How many employees work at PlainsCapital Corporation?
PlainsCapital Corporation currently employs more than 1,800 employees across the United States.
Revised 12/08