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Regions Financial News

News on Regions Financial continually updated from thousands of sources around the net.

5 hrs ago | WIAT-TV Birmingham

Regions Announces Second Quarter Drop of 55%

With the recent announcement of troubles with Wachovia, things aren't going well for Regions Financial Corporation, either.

Comment?

Related Topix: Financial Services, Banking

Wed Jul 23, 2008

The Tennessean

Big banks report big drops in profit

Several big banks in Middle Tennessee reported dismal earnings results late Monday or early Tuesday, although in some cases, the financial hit wasn't as bad as expected and the stock market was enthusiastic ...

Comment?

Related Topix: Banking, Financial Services, Tennessee, Bank of America

Tue Jul 22, 2008

The Birmingham News

Continue reading "Charlotte-based Wachovia Corp. reports record loss, will cut more than 6,000 jobs"

Wachovia Corp ., the Charlotte bank with a major presence in Birmingham, today reported a record quarterly loss of $8.9 billion, slashed its dividend and announced 6,350 job cuts.

Comment?

Related Topix: Financial Services, Wachovia Corporation, Banking, Birmingham, AL, Birmingham Metro

Market Watch

Regions Financial lead financials lower at open

Shares of Regions Financial Corp. dropped over 20% Tuesday in early action, leading the way down for bank stocks as they tumbled into the red after regional banks reported worse-than-expected quarterly earnings ...

Comment?

Related Topix: Financial Services, Banking, Financial Markets, Fannie Mae, KeyCorp

Mon Jul 21, 2008

Memphis Business Journal

Regions recruits former community bank market presidents to beef up management

In the past three months, Regions Financial Corp. has pulled off a bit of a coup, luring market presidents at two community banks back into the large, regional bank environment.

Comment?

Related Topix: Banking, Financial Services, Decatur Metro, Decatur, IL, Amsouth Bancorporation

Sat Jul 19, 2008

Memphis Business Journal

Bank shares tumble; First Horizon down 25%

Shares of First Horizon National Corp. closed the day down about 25 percent following reports by multiple financial institutions that sent jitters through the markets.

Comment?

Related Topix: Financial Markets, Banking, Financial Services, Suntrust Banks

Thu Jul 17, 2008

Blogging Stocks

Regions Financial boosted by finance sector earnings

Regions Financial shares are trading higher today with other financial stocks after a slew of positive financial earnings.

Comment?

Related Topix: Financial Markets, Banking, JP Morgan Chase , Financial Services, Comerica, Pnc Financial Services GroupThe

Birmingham News Online

Regions bad year swamps high hopes born in AmSouth merger

The past few months haven't been kind to Regions Financial Corp., which expected 2008 to be the year its combination with crosstown rival AmSouth Bancorp really began paying dividends.

Comment?

Related Topix: Banking, Financial Services, Amsouth Bancorporation, Home, Mortgage, Birmingham, AL, Birmingham Metro

Tue Jul 15, 2008

Nashville Business Journal

Jordan to replace Baker as First Horizon CEO

First Horizon National Corp. president and CEO Gerald Baker is resigning effective Aug.

Comment?

Related Topix: Financial Services, Banking

Mon Jul 14, 2008

Atlanta Business Chronicle

Linginfelter aiming to grow Regions Bank

Bill Linginfelter sits in a small, windowless, temporary office at Regions Financial Corp.'s North Georgia headquarters.

Comment?

Related Topix: Banking, Financial Services, Georgia, Wachovia Corporation, Atlanta, GA

Montgomery Advertiser

Manufacturers raising prices to offset rising costs

BIRMINGHAM -- Many manu facturers have been forced to raise prices and cut back on investment as the costs of raw materials reach heights not seen in years.

Comment?

Related Topix: Financial Services, Banking

Sat Jul 12, 2008

The Birmingham News

Regions facing another huge housing default in Florida

Regions Financial Corp., the largest bank based in Alabama, is facing a $23 million loan default related to a Florida condo development.

Comment?

Related Topix: Banking, Financial Services, Alabama

Thu Jul 10, 2008

Financial Planning

Rally Fizzles and Investment Banks Tumble, Along with GSEs

A rally in banking stocks proved short-lived Wednesday with investors remaining skittish ahead of the release of earnings reports.

Comment?

Related Topix: Financial Markets, Banking, Financial Services

Tue Jul 08, 2008

PrimeNewswire

The Law Firm of Avelino & Associates Announces the Filing of An...

The law firms of Avelino & Associates, P.C. and Napoli Bern Ripka, LLP, announced today that the firms have filed another arbitration claim with FINRA against Morgan Keegan and Regions Financial Corp.

Comment?

Related Topix: Financial Services, Banking

Mon Jul 07, 2008

Memphis Business Journal

SunTrust, Regions and First Horizon shares fall to 52-week lows

Shares of SunTrust Banks Inc., First Horizon National Corp. and Regions Financial Corp.

Comment?

Related Topix: Financial Services, Banking, Suntrust Banks

Fri Jul 04, 2008

The Mobile Register Online

Jeffco sewer crisis adviser Porter, White & Co. released after plans not embraced

Porter, White & Co., longtime adviser to area governments, is going from troubleshooter in the nation's largest public finance crisis to mere spectator.

Comment?

Related Topix: Jefferson County, AL, Banking, Financial Services, Birmingham, AL

Mon Jun 30, 2008

Birmingham Business Journal

SNL Financial: Southeast bank CEOs made big bank in '07

A study published Wednesday by SNL Financial shows bank CEO compensation rose in 2007 even as banks' returns fell, with Southeast bank CEOs getting the biggest increases.

Comment?

Related Topix: Banking, Bank of America, Financial Services, Birmingham, AL, Synovus Financial

The Birmingham News

Continue reading "Regions Financial hires new Atlanta executive"

Regions Financial Corp. has a new top man in Atlanta. Alabama's largest banking company said today that Bill Linginfelter is the new area executive in North Georgia/Atlanta. The territory, where Regions has 111 ...

Comment?

Related Topix: Financial Services, Banking, Birmingham, AL, Birmingham Metro

Sat Jun 28, 2008

Prattville Progress

Regions reopens Prattville branch

Your browser's security settings are preventing some features from appearing. See instructions for fixing the problem.

Comment?

Related Topix: Financial Services, Banking, Prattville, AL

Thu Jun 26, 2008

GuruFocus.com

Regions Financial (RF): Due for a Bounce?

It's also important to note, that the regional banking group as a whole, has been extremely weak for the past several weeks.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance

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