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Regions Financial (RF) and MCG Capital (MCGC) have accused a Dallas securities firm of participating in a fraud that cost the two lenders millions of dollars in losses.
February 18 -
Regions Financial (RF) in Birmingham, Ala., said Tuesday that its fourth-quarter earnings fell 14% from the same period in 2012, to $227 million, due to a number of one-time charges it took to strengthen its balance sheet and improve efficiency.
January 21 -
The Southeastern companies used the fourth quarter to record several one-time expenses that dinged their bottom lines. Still, observers detected strength in their core results.
January 21
Regions Financial (RF) in Birmingham, Ala., is reorganizing the geographic structure of its Midwest operations following the retirement of area President Sally Roth.
The company announced Monday that Roth, who oversees Regions' operations in Missouri, Iowa and Western Kentucky, will retire on June 30. Roth joined the $117 billion-asset Regions in 2002 and has served in her current position since 2007.
After Roth retires, Regions will create two new Midwest regions. Mike Hart will serve as area president of Illinois, Missouri, Iowa and Western Kentucky. Hart is currently area president for Indiana, Illinois and part of Kentucky.
Leslie Carter-Prall will be area president of the bank's newly created Indiana region, which also includes Regions' commercial offices in Chicago and Cincinnati as well as several counties in Illinois. Carter-Prall is presently Regions' area wealth executive for Indiana, Illinois and part of Kentucky.
Regions has roughly 1,700 branches in 16 states across the South, Midwest and Texas.
