Regions Financial

Morgan Keegan names new division president

The Birmingham Business Journal (Free subscription) | 19/11/2009

Regions Financial Corp.’s Morgan Keegan & Co. Inc. named Richard S. Ferguson president of the firm’s Private Client Group division.

Regions reinstates 401k, merit raises

The Memphis Business Journal (Free subscription) | 17/11/2009

Regions Financial Corp. plans to reinstate its retirement benefits to employees across its 16-state footprint. (RF)

• Regions reinstates 401k, merit raises - The Business Journal of the Greater Triad Aera
• Regions reinstates 401k, merit raises - The Birmingham Business Journal

Morgan Keegan wins $8.2 million judgement

The Birmingham Business Journal (Free subscription) | 13/11/2009

Regions Financial Corp.’s Morgan Keegan & Co. Inc. halted its recent losing streak by winning a $8.2 million securities arbitration claim, according to a report published by Investment News.

Fitch Places Regions Mortgage's U.S. Residential Primary Servicer Ratings on Watch Negative

Business Wire (Free subscription) | 12/11/2009

NEW YORK--(BUSINESS WIRE)--Fitch Ratings takes the following rating actions on the U.S. residential primary servicer ratings for Regions Mortgage (Regions): --U.S. residential primary servicer rating for Alt-A product 'RPS2-' placed on Rating Watch Negative; --U.S. residential primary servicer rating for Subprime product 'RPS2-' placed on Rating Watch Negative. These rating actions reflect Fitch's...

Fitch Downgrades L-T IDR of Regions & Affiliates to 'BBB+' from 'A-'; Outlook Remains Negative

The Earth Times Online Newspaper (Free subscription) | 09/11/2009

CHICAGO - Fitch Ratings has downgraded the long-term Issuer Default Rating (IDR) of Regions Financial (RF) and its subsidiary to 'BBB+' from 'A-'. The Rating Outlook is Negative. A complete list of all ratings follows at the end of this release. The downgrade of RF's r

Fitch Downgrades L-T IDR of Regions & Affiliates to 'BBB+' from 'A-'; Outlook Remains Negative

Business Wire (Free subscription) | 09/11/2009

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the long-term Issuer Default Rating (IDR) of Regions Financial (RF) and its subsidiary to 'BBB+' from 'A-'. The Rating Outlook is Negative. A complete list of all ratings follows at the end of this release. The downgrade of RF's ratings reflects the continued deterioration in credit quality, and expectations of rising credit costs. While Fitch...

S&P downgrades ratings on Regions Financial

Market Watch (Free subscription) | 04/11/2009

SAN FRANCISCO (MarketWatch) -- Standard & Poor's said Wednesday it downgraded its counterparty credit ratings on Regions Financial Corp. to BBB/A-3 from BBB+/A-2. The outlook is negative. S&P also lowered the counterparty credit ratings on Regions Bank to BBB+/A-2 from A-/A-2. "The rating action follows our full review of Regions' asset quality, operating performance, capital position,...

Regions Financial Corp. Reports Operating Results (10-Q)

GuruFocus Updates (Free subscription) | 04/11/2009

By 10qk. Regions Financial Corp. ( RF ) filed Quarterly Report for the period ended 2009-09-30. Read more » »

Regions Financial Corp. launches financial literacy program for schools in 12 north central Alabama counties

Breaking News from The Birmingham News - al.com (Free subscription) | 03/11/2009

Effort to reach 60 schools

Regions Financial Extends Participation in FDIC Transaction Account Guarantee Program

Business Wire (Free subscription) | 02/11/2009

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial (NYSE: RF) today announced plans to extend its participation in the Federal Deposit Insurance Corporation’s (FDIC) voluntary Transaction Account Guarantee (TAG) portion of the Temporary Liquidity Guarantee Program through June 30, 2010. Under this program, noninterest bearing transaction accounts, qualified NOW checking accounts paying less...

Small Banks Eager To Become Too-Big-To-Fail Megabanks

The Business Insider (Free subscription) | 02/11/2009

Get ready for mid-tier U.S. banks to become far larger. These include companies such as: U.S Bancorp (USB) PNC Financial Services (PNC) SunTrust Banks (STI) Regions Financial Corp (RF) BB&T Corp (BBT) Fifth Third Bancorp (FITB) The Deal expects a lot of upcoming M&A activity among these mid-tier players. There are tons of banking assets up for sale, many of which can be bought with the help...

Judge agrees to consolidate cases against Regions

The Birmingham Business Journal (Free subscription) | 29/10/2009

Jefferson County Judge Helen Shores Lee granted a motion Thursday to consolidate three cases against Regions Financial Corp.’s top executives. (RF)

Regions Financial Scheduled to Participate in the 2009 BancAnalysts Association of Boston, Inc. Conference

Business Wire (Free subscription) | 28/10/2009

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) is scheduled to present at the 2009 BancAnalysts Association of Boston, Inc. Conference. Regions executives will make a presentation beginning at 8:30 a.m. EST on Thursday, November 5, 2009, followed by a question and answer session. Comments and the related slide presentation will be available via a live, listen-only webcast....

Regions: Deposits grew in 24 of 25 metros

The Birmingham Business Journal (Free subscription) | 28/10/2009

Regions Financial Corp. said its overall deposits increased year-over-year in 24 out of 25 major metro areas in its 16-state terrain. (RF)

Regions names new consumer services leader

The Birmingham Business Journal (Free subscription) | 27/10/2009

Regions Financial Corp. has named John Owen as head of its Consumer Services Group.