BANKING: Winner & Champion

Taller than egos, Stetsons or oil rigs, the tallest things in Texas are banks. Busting out all over in an unparalleled boom, their huge buildings dominate the skyline in Dallas, Houston, San Antonio and Fort Worth. Texas has more banks than any other state: 968 with total deposits of $10.4 billion, combined resources of $11.6 billion. Texas bankers succeed by fighting for business like warring supermarket operators on a Saturday afternoon —while also wearing Homburg hats and speaking in muted tones. The man who best combines such Texas talents is taut, wiry, fiercely competitive Fred F. Florence, 67, head of...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!