The assets of Guaranty Bank were acquired by BBVA Compass this weekend. Guaranty, a subsidiary of Austin-based Guaranty Financial Services, has a total of $13 billion in assets.
BBVA Compass is the U.S. banking subsidiary of Spanish financial firm Banco Bilbao Vizcaya Argentaria SA. With the acquisition, BBVA Compass becomes the 15th-largest U.S. commercial bank.
If your companis is considering filing for bankruptcy, contact the Austin commercial bankruptcy lawyers of Slater Kennon LLP, at 512-338-1100.