Regions Bank Related Content

Regions Names Peters Chief Transformation Officer, Danella Head of Consumer Banking

Regions Bank named Scott Peters chief transformation officer and Kate Danella head of its consumer banking group. Peters and Danella are members of Regions’ executive leadership team and will continue to report to John Turner, president and CEO of Regions Financial. read more

Optimizing Access to Capital: Examining Bank Funding Options for Independents

As an independent, access to capital and cost of funds is always top of mind. Monitor checks in with Kyle Shenton and Brock Wolf, who outline the types of capital available to independents and the process involved in accessing each source. ... read more

Regions Bank Hires Strickert as Corporate Credit Products Leader

Regions Bank hired Dave Strickert to lead corporate credit products. Strickert will lead credit product teams supporting diversified industries, specialized industries, real estate banking and Regions Equipment Finance Company clients. read more

Ascentium Capital Increased Funding Volume by 14% in 2021

Ascentium Capital exceeded its own projections in Q4/21, achieving $374.6 million in funding volume during the quarter and ending the year at $1.43 billion in funding volume, which was up 14% compared with 2020. read more

BMO and Regions Earn Top Score on HRC’s LGBTQ+ Workplace Equality Index

BMO Harris Bank and Regions Bank both earned a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), a national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. read more

Regions Bank Launches Commercial Business Development Team

Regions Bank launched a commercial business development team focused specifically on helping small businesses build customized plans for financial success. The new team will be led by Jordan Baxter, senior vice president of commercial banking at Regions Bank. read more

Regions Financial Acquires Clearsight Advisors

Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division. read more

Regions Bank Promotes Loughead to Financial Services Group Leader

Regions Bank promoted Leo Loughead to lead the bank’s financial services group, which is part of its specialized industries division within corporate banking. read more

Chadha to Become Controller of Regions Bank Upon Kimbrough’s Retirement in February

Brad Kimbrough will retire as controller and chief accounting officer of Regions Bank on Feb. 28, following a nearly 29-year career at the bank. Anil Chadha, who currently serves as head of risk shared services and analytics for Regions Bank, will succeed Kimbrough. read more

Regions Bank: Small Business Owners Aiming to Increase Investments in Key Areas

According to a survey from Regions Bank, roughly nine in 10 businesses (89%) are planning to increase investments in a key business area in the next 12 months. By contrast, in a survey in 2020, only 46% of small business owners said they were planning such investments. read more

A Tale of Two Vendor Channels

This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more

Regions Bank Provides $25MM Revolving Credit Facility to Dext Capital

Dext Capital, an Oregon-based independent equipment finance company focused on lending to the medical industry, closed a $25 million corporate revolving credit facility with Regions Bank.  read more

Standing Strong After the Storm: Monitor’s Top Private Independents Achieve 9.1% Growth in 2020

Although Monitor’s Top Private Independents faced many challenges in 2020, the group managed collective volume growth of 9.1% amid the COVID-19 pandemic. With Ascentium Capital out of the running, Stonebriar Commercial Finance seized the crown, while Trans Lease, First National Capital and Kingsbridge catapulted their way into the top five. ... read more

Funding Source Insight: Post-Pandemic Access to Capital

Monitor checks in with leaders from two banks that provide capital to equipment finance companies. They talk about the biggest challenges their clients faced in 2020 and what it takes to get a deal done in today’s environment. ... read more

M&A Activity To Pick Up In Second Half Following Covid-19-Triggered Slowdown

M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more

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