Regions Financl - RF STOCK NEWS

Regions Financial Corp. (NYSE:RF) has completed the acquisition of Clearsight Advisors, enhancing its advisory capabilities in the technology sector. This strategic move allows Regions to diversify revenue streams and strengthen its Capital Markets division. Clearsight, known for its M&A expertise in the high-growth knowledge economy, will continue operating from its offices in McLean, Virginia, New York City, and Dallas. The acquisition aligns with Regions' strategic plan to expand specialty services and meet complex financial needs.

Regions Financial Corp. (NYSE:RF) will release its Q4 and full-year 2021 financial results on January 20, 2022, before market open. A live audio webcast, scheduled for 10 a.m. ET, will feature executives discussing the results. Investors can access the news release and supporting materials on Regions' Investor Relations website. With $156 billion in assets, Regions is among the largest banking service providers in the U.S., offering a range of consumer and commercial banking products.

Regions Financial Corp. (NYSE: RF) has agreed to acquire Clearsight Advisors, Inc., enhancing its specialty capabilities in mergers and acquisitions. This strategic move aims to broaden Regions' offerings for technology sector clients and diversify its revenue through high-value financial services. With Clearsight's expertise in advisory services for the knowledge economy, Regions anticipates increased client engagement and a stronger competitive position. The acquisition is expected to close by the end of 2021, following customary conditions.

Regions Financial Corporation announced the promotion of Leo Loughead to head its Financial Services Group, part of the Specialized Industries division in Corporate Banking. Loughead, who joined Regions in 2018, has played a significant role in enhancing the team's credit services and capital markets solutions. His prior experience includes leadership roles at SunTrust Robinson Humphrey and J.P. Morgan Chase. Regions, boasting $156 billion in assets and over 1,300 banking offices, continues to focus on delivering high-value financial solutions in the financial services sector.

Regions Bank has completed its acquisition of Sabal Capital Partners, enhancing its Real Estate Capital Markets capabilities. This strategic move expands the bank's range of financial solutions for commercial real estate and aims to create additional revenue through origination and servicing fees. With this acquisition, Regions’ platform now boasts 20 offices. Sabal, which has originated nearly $6 billion in financing and maintains a servicing portfolio of $5 billion, will integrate into Regions' division, aiming for market growth and expanded service offerings.

Regions Bank announced the retirement of Brad Kimbrough as controller on Feb. 28, 2022, after nearly 29 years at the institution. Anil Chadha, a 20-year banking veteran, will succeed him, currently serving as head of Risk Shared Services and Analytics. The leadership transition aims to ensure continuity and strategic direction. Kimbrough emphasized the importance of teamwork and collaboration for the bank's success while Chadha aims to build on this legacy to enhance Regions' financial execution.

Regions Bank has promoted Channing D. Thornton to community market relationship process executive to enhance fair lending activities across its 15-state retail banking footprint. Thornton, who has been with the bank since 1999, will focus on collaboration among various departments to improve access to financial services. Earl Connell has been appointed to succeed Thornton as consumer banking executive for eastern Florida. The bank aims to strengthen its presence in Florida's growing markets while promoting homeownership and economic equality.