Regions Financial in Birmingham, Ala., has a new leader for its private wealth management group.
The $125 billion-asset company said in a press release Tuesday that Kate Randall Danella will lead a team of private wealth management professionals providing banking, trust and investment management services to affluent and high-net-worth individuals and families. Regions' wealth management division administers $85 billion in assets.
Danella joined Regions last year to oversee the development and implementation of business strategies across the company's wealth management group.
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Regions Bank in Birmingham, Ala., has hired a former SunTrust Banks executive to join its wealth management group.
April 8 -
Its credibility damaged by shoddy lending and questionable accounting, the Birmingham, Ala., company rebuilt its reputation by putting customers and communities first.
June 25 -
The Consumer Financial Protection Bureau gave a strong warning to the banking industry on Tuesday when it fined Regions Financial $7.5 million for allegedly charging illegal overdraft fees.
April 28
Danella succeeded Anne Copeland, who is leaving Regions to pursue opportunities in executive coaching.
Danella's "top focus is a positive client experience — one that's customized to meet the needs of each individual we serve — and we are pleased to have a leader of her caliber who is prepared to assume this important role," Bill Ritter, head of the Regions' wealth management group, said in the release.
