Oil and Gas Investor

Tim Brendel, senior vice president and oil and gas segment leader

The outlook for commercial banking comprises multiple moving parts, and the most important of these—the prolonged downdraft in commodity prices—is causing significant angst. Noting some of the recent headwinds—restraints on capital, hedges rolling off and E&P reserve bases tending to shrink—“this truly is a challenging environment facing a resilient industry,” said Tim Brendel, senior vice president in charge of the oil and gas segment at Associated Bank.

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