An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Regions Bank Names Leo Loughead as Financial Services Group Leader
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
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.
Positive
Leo Loughead's promotion indicates strong leadership continuity in the Financial Services Group.
Regions Financial Corporation's assets stand at $156 billion, showcasing solid financial health.
Negative
None.
27-year finance industry veteran to lead team of corporate and investment bankers serving the credit, capital, and strategic needs of financial services industry clients.
ATLANTA--(BUSINESS WIRE)--
Regions Bank on Thursday announced Leo Loughead has been elevated to lead the bank’s Financial Services Group, part of Regions’ Specialized Industries division within Corporate Banking.
Atlanta-based Leo Loughead, head of the Financial Services Group at Regions Bank (Photo: Business Wire)
Based in Atlanta, Loughead joined Regions in 2018 as a managing director for the Financial Services Group. Over the last three years, he has served an integral role in developing the team’s strategy for structuring and executing credit services, capital markets solutions, and strategic transactions for companies and private equity sponsors active in the financial services industry.
“Leo has been instrumental in the growth of our Financial Services Group, and we know his insights and his passion for an exceptional client experience will continue to fuel our growth as we reach more clients with high-value financial solutions,” said Ward Cheatham, head of Specialized Industries at Regions Bank. “Leo’s leadership skills, combined with his depth and breadth of experience providing advisory and capital raising solutions for specialty finance clients, position our team for additional success in serving this sector.”
Prior to joining Regions, Loughead spent eight years with SunTrust Robinson Humphrey, including four years as its head of the Asset Securitization Group. There, he oversaw warehouse lending and bond distribution across several key client sectors including consumer finance, commercial finance, and equipment finance. Loughead began his finance career with First Chicago, later acquired by J.P. Morgan Chase. Additional previous work experience includes senior structured and asset-backed finance and securitization roles at J.P. Morgan Chase and Bank One.
Loughead earned a Bachelor of Science in Finance and Accounting from the University of Illinois at Chicago.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $156 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,300 banking offices and approximately 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
What recent leadership change occurred at Regions Financial Corporation?
Leo Loughead has been promoted to lead the Financial Services Group at Regions Financial Corporation.
What is the financial status of Regions Financial Corporation?
Regions Financial Corporation has $156 billion in assets and is a member of the S&P 500 Index.
When did Leo Loughead join Regions Financial Corporation?
Leo Loughead joined Regions Financial Corporation in 2018.
What is the role of the Financial Services Group at Regions Bank?
The Financial Services Group focuses on structuring and executing credit services, capital markets solutions, and strategic transactions for the financial services industry.
How many banking offices does Regions Bank operate?
