issues

Dick Evans, Cullen/Frost CEO, says the Fed's demand for it to have a clearly developed compliance policy to support future expansion and to hire additional experienced fair lending staff is a "reasonable request"

The company recently said it could sell certain assets — performing and nonperforming — and businesses to meet the FDIC's requirements

The two companies have previously worked together on contracts for hospitality clients

The bank, on the heels of a $109M deal, has conducted formal due diligence on about a dozen more companies, says chair Ted Peters