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Regions Financial: No cash bonuses this year for top executives
Birmingham-based Regions Financial Corp . informed regulators that it won't pay cash bonuses to its top executives this year, in keeping with rules tied to the Troubled Asset Relief Program .
Regions Financial VP Receives Top Associate Honor
Regions Financial Corporation announced that Patrick "Pat" O'Beirne, senior vice president and business banking sales manager at Regions Bank in Austin, Texas, is the December recipient of the Better Life Award.
Bank of America leads financials higher
Shares of Bank of America Corp. rose sharply early Thursday, leading gainers among S&P 500 financial stocks and helping to lift the sector.
The Ratings Game: J.P. Morgan says banks loading up on cash
Big banks are scaling back their lending activities and boosting cash so far in the fourth quarter to cover lingering credit losses, said J.P. Morgan, which also trimmed its earnings estimates for some large-cap banks on Tuesday.
Ridgewater Equity Completes Analytical Study of Equities Within Financial & Basic Materials Sectors
The sector fell 0.8%. Bank stocks had been under pressure in the early going after Financial Times reported that the Federal Reserve has asked nine of the nation's largest bank to outline how they intend to repay TARP.
Fed Seeks TARP Payment Plan From Banks
The Federal Reserve has asked nine U.S. banks that were part of the stress tests to submit plans for repaying TARP funds, Bloomberg reports.
Regions names John Owen head of consumer services group
Regions Financial Corp. announced that John Owen has been named head of Regions' Consumer Services Group.
Economy takes shine off Birmingham-area banks' safety ratings
Scott Reed, CEO of Oakworth Capital Bank, left, and Forest Whatley, managing director, said their bank earned a three-star rating from Bankrate.com in part because it caters to businesses and wealthy clients.
Economic good news is a little hard to find
People want to feel good about the economy, even when the reasons for feeling good are limited.
Dates, purse set for Regions Charity Classic tournament
The PGA Champions Tour will again come to Hoover's Ross Bridge in May 2010. The 2010 Regions Charity Classic golf tournament will be held May 12-16 at Renaissance Ross Bridge Golf Resort & Spa.
Harbert still working on downtown hotel project, firm's top lawyer says
The general counsel for Harbert Management Corp . said today the company's Harbert Realty division is "working very hard" to secure financing on a proposed Marriott Renaissance hotel downtown.
Regions Financial Corp. launches financial literacy program for...
Bankers from Regions Financial Corp. are fanning out across north central Alabama this week to talk to kids about the value of saving in 60 school presentations that are expected to reach more than 2,000 students.
Regions Extends Participation in Fdic Tag Program
Regions Financial announced plans to extend its participation in the Federal Deposit Insurance Corporation's voluntary Transaction Account Guarantee portion of the Temporary Liquidity Guarantee Program through June 30, 2010.
Regions says it will extend participation in bank bailout program
Two banks which have repaid their bailout funds said Monday they no longer need to take advantage of a special program that offers government insurance on certain deposits, like checking account funds, over $250,000. Bank of New York Mellon and U.S. Bancorp both said they will opt out of a six-month extension of the Transaction Account Guarantee ...
Regions Financial chief-in-waiting sees good things ahead in banking industry
Regions Financial has named Grayson Hall president and chief operating officer of the company.
Regions Maintains Top Spot in Tenn. Market Share
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Finance Layoffs: Fortis, HSBC and more
More bad news for those in the finance industry. The latest reports and rumors of layoffs are at Fortis Bank Polska SA, HSBC Holdings plc , and Regions Financial Corp.
Regions Bank reports deposit gains in major metros
Regions Financial Corp . said today that it has seen deposit gains in two dozen major metropolitan areas in its 16-state territory.
Regions Financial Struggles With Homebuilder Loan Losses
Regions Financial Corp. , located in Birmingham, Alabama, reported third-quarter earnings amid a slew of large regional bank earnings reports, and came in with a sizable loss.
Plaintiffs in three suits against Regions file to consolidate their cases
Three well-known cases filed against Regions Financial Corp. 's top executives within the Jefferson County court system could be consolidated onto one large case, court documents show.
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