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Zions Bancorp. (ZION) in Salt Lake City reported flat second-quarter results after it redeemed trust-preferred securities and refinanced debt.
July 22 -
A new Marketing Insights team is drawing data from an unusual source a fraud analytics system to inform customer retention and cross-sales campaigns.
July 15 -
Zions Bancorp. (ZION) in Salt Lake City has raised roughly $301 million by selling preferred stock.
May 17 -
Opus Bank in Irvine, Calif., has agreed to buy four branches from Zions Bancorp.'s (ZION) California subsidiary.
May 1
Zions Bancorp. (ZION) in Salt Lake City
Zions Direct will auction between $100 million and $195 million worth of fixed-rate preferred stock. The auction is expected to begin Wednesday morning and run through Thursday afternoon.
The parent company, which has assets of $52.6 billion, plans to use the proceeds to retire debt. The underwriters for the offering are Deutsche Bank (DB), Goldman Sachs (GS), Macquarie Capital and Zions Direct.
The offering, announced Monday, is the latest in a series of capital raises by Zions. In May it
