Regions Financial Corporation

Regions Bank Launches CashFlowIQ, Powered by BILL, to Help Business Clients Manage Money Better

Retrieved on: 
Mercoledì, Giugno 12, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “Businesses are looking for banks that provide more than financing; they want practical solutions to better manage their cash flow.
  • That’s what we’re delivering,” said Bryan Ford, head of Treasury Management for Regions Bank.
  • Regions Bank continues to invest in innovative technology resources that provide a digital accounts management benefit to its clients.
  • Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs.

Alvarez & Marsal Hires Preston Parker, Industry Veteran to Lead New Corporate Transactions Group

Retrieved on: 
Giovedì, Giugno 6, 2024

Alvarez & Marsal (A&M), a leading global professional services firm, announces the appointment of Preston Parker , former KPMG Global Leader for its Deal Advisory and Strategy Integration & Separation practice, as Managing Director and Leader of its new Corporate Transactions Group (CTG).

Key Points: 
  • Alvarez & Marsal (A&M), a leading global professional services firm, announces the appointment of Preston Parker , former KPMG Global Leader for its Deal Advisory and Strategy Integration & Separation practice, as Managing Director and Leader of its new Corporate Transactions Group (CTG).
  • This allows CTG to partner with corporate clients to seize M&A opportunities in the multi-billion-dollar corporate transactions marketplace with unmatched speed and agility.
  • Bryan Marsal , Co-founder and Co-CEO of A&M, stated, “Where others see upheaval and turmoil across the global consultancy landscape, we see opportunity.
  • Additional new CTG hires formerly from KPMG include Amir Zhumatov , Senior Director, and Dan Kogan, Director.

DivInc and Downtown Austin Alliance Foundation (DAAF) Forge New Partnership Bringing Downtown Austin Space Activation (DASA) Events to Austin Community

Retrieved on: 
Giovedì, Giugno 13, 2024

AUSTIN, Texas, June 13, 2024 /PRNewswire/ -- DivInc, the leading startup accelerator for people of color and women entrepreneurs, is proud to announce a new partnership with the Downtown Austin Alliance Foundation (DAAF) and the Downtown Austin Space Activation (DASA) initiative.

Key Points: 
  • AUSTIN, Texas, June 13, 2024 /PRNewswire/ -- DivInc, the leading startup accelerator for people of color and women entrepreneurs, is proud to announce a new partnership with the Downtown Austin Alliance Foundation (DAAF) and the Downtown Austin Space Activation (DASA) initiative.
  • Both DivInc and the Downtown Austin Alliance Foundation prioritize community building through engaging and educational experiences.
  • "Last year, the Downtown Austin Alliance approached us with the idea of creating a space for diverse entrepreneurs and creatives to connect.
  • As part of the Downtown Austin Space Activation launch, DivInc will host a series of events between June and November 2024.

Bank and Credit Card Apps and Websites Struggle to Find Ways to Stand Out as User Experience Becomes Increasingly Homogenized, J.D. Power Finds

Retrieved on: 
Giovedì, Maggio 30, 2024

According to a series of recent studies of bank and credit card mobile app and online users, released today by J.D.

Key Points: 
  • According to a series of recent studies of bank and credit card mobile app and online users, released today by J.D.
  • Power 2024 U.S. Online Credit Card Satisfaction StudySM—track overall customer satisfaction with banking and credit card providers’ digital offerings.
  • The U.S. Banking Mobile App Satisfaction, U.S. Online Banking Satisfaction, U.S. Credit Card Mobile App Satisfaction and U.S. Online Credit Card Satisfaction studies measure overall satisfaction with banking and credit card digital channels based on four factors: navigation; speed; visual appeal; and information/content.
  • The 2024 studies are based on responses from 17,843 retail bank and credit card customers nationwide and were fielded in February-March 2024.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Giovedì, Maggio 16, 2024

TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05500 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, May 16, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05500 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Broadway Financial Corporation Announces Four Additions to Senior Management Team

Retrieved on: 
Martedì, Maggio 21, 2024

Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), today announced the addition of four experienced senior officers to the management team of City First Broadway.

Key Points: 
  • Broadway Financial Corporation (the “Company” or “Broadway”) (NASDAQ Capital Market: BYFC), the holding company of City First Bank, National Association (the “Bank” and collectively with the Company, “City First Broadway”), today announced the addition of four experienced senior officers to the management team of City First Broadway.
  • Elise Adams as Chief Accounting Officer and Senior Vice President; and
    Gary Castellaw as Corporate Treasurer and Senior Vice President.
  • Brian Argrett, President and Chief Executive Officer, said, “I am excited to welcome Zack, Liz, Elise, and Gary to City First Broadway.
  • Mr. Ibrahim’s career spans over 20 years and includes experience at other large financial institutions, including Northern Trust Corporation, Regions Financial Corporation, and M&T Bank Corporation.

A High Honor for Global Trade: Regions Bank Receives 2024 Presidential Award for Excellence in Supporting Exports

Retrieved on: 
Mercoledì, Maggio 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240515672944/en/
    Carson Strickland and Thomas Matthias with Regions' Global Trade Finance team accepted the 2024 President's "E" Award for Export Service.
  • Regions’ Global Trade Finance team is an important resource for clients to expand their market reach.
  • “Regions Bank has demonstrated a sustained commitment to export expansion,” said Secretary of Commerce Gina Raimondo in her congratulatory letter to the bank.
  • “Regions Bank has a strong legacy of supporting vibrant trade,” said Carson Strickland, head of Regions’ Global Trade Finance Relationship team.

Regions Financial Scheduled to Participate in Morgan Stanley U.S. Financials Conference

Retrieved on: 
Giovedì, Maggio 9, 2024

Regions Financial Corp. (NYSE:RF) on Thursday announced the company is scheduled to participate in the Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference on Wednesday, June 12.

Key Points: 
  • Regions Financial Corp. (NYSE:RF) on Thursday announced the company is scheduled to participate in the Morgan Stanley U.S. Financials, Payments & Commercial Real Estate Conference on Wednesday, June 12.
  • Regions executives will take part in a virtual fireside chat scheduled to begin at approximately 8 a.m.
  • To listen, visit Regions’ Investor Relations website at https://ir.regions.com .
  • A replay will also be made available on the Investor Relations page following the event.

Nick Stonestreet Joins DLP Capital as New President of Financial Services

Retrieved on: 
Giovedì, Maggio 9, 2024

DLP Capital, a private real estate investment and financial services firm, today announced Nick Stonestreet as its new President of Financial Services.

Key Points: 
  • DLP Capital, a private real estate investment and financial services firm, today announced Nick Stonestreet as its new President of Financial Services.
  • With over 30 years of experience in the financial services industry, Stonestreet brings a wealth of knowledge and enhanced service delivery.
  • View the full release here: https://www.businesswire.com/news/home/20240509166495/en/
    Nick Stonestreet joins DLP Capital as President of Financial Services (Photo: Business Wire)
    Before joining DLP Capital, Stonestreet was the CEO, chief investment officer, and senior partner of Blue Trust, where he played a pivotal role in developing strategic initiatives and overseeing the management of the organization and its divisions.
  • Stonestreet began his distinguished career at Sun Trust Bank, setting a solid foundation for his trajectory in the financial services sector.

Regions Real Estate Capital Markets Now Servicing its Loan Assets

Retrieved on: 
Martedì, Maggio 7, 2024

Regions Bank on Tuesday announced its Real Estate Capital Markets division , a diversified multifamily and commercial real estate lender, has now begun servicing the loans it has originated.

Key Points: 
  • Regions Bank on Tuesday announced its Real Estate Capital Markets division , a diversified multifamily and commercial real estate lender, has now begun servicing the loans it has originated.
  • “Already, clients recognize Regions Real Estate Capital Markets as a source of customized financial guidance and solutions tailored to meet the needs of the businesses we serve,” said Troy Marek, head of Real Estate Capital Markets for Regions Bank.
  • This further differentiates Regions in the market, and it sets the stage for additional growth moving forward.”
    The Regions Real Estate Capital Markets servicing portfolio includes loans previously originated by Regions’ Real Estate Capital Markets Group as part of the following programs:
    The loans in the servicing portfolio are financing or refinancing assets categorized as multifamily, affordable housing, workforce housing, senior housing, student housing, manufactured home communities, and credit facilities.
  • Regions Real Estate Capital Markets’ lending operations are powered by SNAP™, a technology-driven platform that automates and enhances customer relations across the life-of-loan process, from loan origination through servicing.