eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less...
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January 08, 2024, 07:10 AM
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Regions Bank announced Dave Lyder has been elevated to serve as Group Leader for Ascentium Capital, a division of Regions Bank that provides streamlined financing support for specialized business equipment, technology, commercial vehicles and other...
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November 16, 2023, 07:25 AM
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Regions Financial Corp. announced that, following a 34-year career in the financial services industry, Ward Cheatham will retire as head of Corporate Specialized Banking and a member of Regions’ Executive Leadership Team at the end of 2023. Regions’...
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October 27, 2023, 07:10 AM
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Regions Bank announced Anna Brackin has been appointed to serve as Chief Compliance Officer overseeing the company’s compliance risk management program. In addition, Gary Walton joined the bank as Business Unit Chief Risk Officer for Regions’...
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September 14, 2023, 07:18 AM
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Regions Bank Announced it has received the U.S. Small Business Administration’s (SBA) 2023 Export Lender of the Year Award.In 2022, Regions facilitated more than $36 million in financing for small-business exporters by leveraging the SBA’s Export...
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April 17, 2023, 07:11 AM
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Regions Bank announced veteran commercial banking leader Mark Evans will serve as the company’s first market executive focused exclusively on San Antonio and surrounding areas as Regions builds on its Texas presence yet again.Regions is one of the...
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April 10, 2023, 07:18 AM
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Verdant Commercial Capital announced that it has again grown its funding capacity. Verdant’s primary warehouse line of credit, led by Wells Fargo Bank, was increased to $225 million with the addition of Regions Bank as a participant in the lending...
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February 24, 2023, 07:27 AM
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Regions Bank announced the creation of a Franchise Lending team led by industry veteran Peter Salas. A key part of Regions’ services designed to support small-business growth, Salas and his team are focused on helping drive business sustainability...
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December 08, 2022, 07:20 AM
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Regions Bank announced the launch of a digital solution enabling Corporate Banking clients to send real-time payments through the RTP network from The Clearing House. The new real-time payments service is part of Regions’ iTreasury platform, which...
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October 12, 2022, 07:05 AM
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Regions Bank announced Tom Speir has been elevated to serve as head of Strategy and Corporate Development. Speir will report to Regions Chief Financial Officer David Turner.In this role, Speir will lead the bank’s enterprise-wide strategic planning...
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August 09, 2022, 07:23 AM
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Regions Bank announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership...
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July 08, 2022, 07:15 AM
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Regions Bank announced Scott Peters will serve as Chief Transformation Officer for the company, and Kate Danella will serve as head of Regions’ Consumer Banking Group – part of a multi-year initiative to create the Regions Bank of the future. These...
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May 13, 2022, 07:21 AM
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Regions Bank announced Dan Massey will join the company as Chief Enterprise Operations and Technology Officer.Directly reporting to John Turner, President and CEO of Regions Financial Corp., Massey will lead teams that oversee several critical...
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May 09, 2022, 07:21 AM
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Ascentium Capital LLC, a national commercial lender, announced a positive start to the year, wrapping up the first quarter of 2022 with $392.5 million in financed volume. The company exceeded Q1 2021 volume by $81.4 million or 26.2 percent. “We saw a...
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April 26, 2022, 07:23 AM
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Regions Bank announced banking veteran Brian Hanley, who has met the business banking needs of a variety of companies throughout the Houston area for over 20 years, has joined the Regions team serving as a Relationship Manager in the bank’s...
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March 28, 2022, 07:19 AM
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Regions Bank announced it has hired Dave Strickert to lead Corporate Credit Products, part of Regions’ Credit Products Group within Corporate Banking.Strickert joins Regions after a 30-plus-year career at Bank of America, where he most recently...
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March 16, 2022, 07:23 AM
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Ascentium Capital LLC, a national commercial lender, exceeded projections, reporting fourth quarter funding volume of $374.6 million. Fueled by strong performance in the quarter, the company ended the year at $1.43 billion, up 14 percent over the...
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February 04, 2022, 07:23 AM
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Regions Bank announced the launch of a Commercial Business Development team focused specifically on helping small businesses build customized plans for financial success.The new team complements Regions’ extensive Commercial Banking Solutions group...
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January 25, 2022, 07:20 AM
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Regions Bank announced the Regions Equipment Finance Corporation (REFCO), a subsidiary of Regions Bank, is expanding its specialty capabilities to include a new Technology Solutions platform and team. The platform will be led by 40-year banking...
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January 07, 2022, 07:23 AM
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Regions Bank announced Leo Loughead has been elevated to lead the bank’s Financial Services Group, part of Regions’ Specialized Industries division within Corporate Banking.Based in Atlanta, GA, Loughead joined Regions in 2018 as a Managing Director...
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December 10, 2021, 07:16 AM
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Regions Bank announced Brad Kimbrough will retire on Feb. 28, 2022, following a nearly 29-year career at the bank, the last 14 of which he has served as Controller and Chief Accounting Officer. Kimbrough will be succeeded as Controller by Anil Chadha...
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November 17, 2021, 07:23 AM
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Regions Bank announced a nearly 40-year veteran of the financial services industry has joined the bank to lead Regions’ significantly expanded Commercial Banking team in the nation’s second-fastest growing city.Brian Happel will serve as Fort Worth...
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November 08, 2021, 07:20 AM
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Ascentium Capital LLC announced continued growth during the third quarter of 2021. Financing volume increased $82 million, up 26 percent from the prior-year period. Strategic execution and ongoing economic recovery resulted in strong performance this...
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November 03, 2021, 07:20 AM
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Ascentium Capital LLC, a national commercial lender, announced strong growth during the second quarter of 2021. The company achieved 41 percent origination growth year-over-year during the quarter. The growth is reflective of the economic recovery...
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July 28, 2021, 07:23 AM
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Regions Bank announced it has entered into a definitive agreement to acquire home improvement lender EnerBank USA, one of America’s largest specialized home improvement lenders supporting homeowners and contractors through innovative products and...
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June 10, 2021, 07:07 AM
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Ascentium Capital LLC announced obtaining $312 million in funding volume and managing $2.53 billion in assets during the first quarter. “2021 marks a decade since the launch of Ascentium Capital and first-quarter results are a testament to the long...
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April 27, 2021, 07:20 AM
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Six of South Mississippi’s best bankers recently joined the Pine Belt banking team at Hancock Whitney, adding commercial and private wealth expertise. “We are very pleased to welcome six of the Pine Belt’s most client-oriented and community-minded...
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April 21, 2021, 07:20 AM
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Regions Bank announced Caroline Taylor has joined its Corporate Banking group as Senior Vice President and head of Small Business Administration (SBA) Lending.Taylor brings extensive banking experience focused on meeting the financial needs of small...
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April 02, 2021, 07:20 AM
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Regions Bank announced Andrew Nix will join the company as Chief Governance Officer, serving in a leadership role advising the Regions Financial Corporation Board of Directors and executive management on a wide range of corporate governance best...
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February 10, 2021, 07:05 AM
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Ascentium Capital LLC announced it achieved $1.25 billion in annual funded volume. The company ended 2020 with $2.6 billion in managed assets representing 8.30 percent growth in assets year-over-year. “Our 2020 accomplishments are celebrated with...
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February 04, 2021, 07:23 AM
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Regions Bank announced Abbas Merchant as Chief Marketing Officer, succeeding Michele Elrod in leading the bank’s Corporate Marketing group.“Michele has been the driving force behind the strategic marketing programs that set Regions Bank apart and...
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January 28, 2021, 07:16 AM
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Ascentium Capital LLC announced second-quarter funding volume of $255.0 million, with year-to-date funding volume of $620.5 million. This enabled the company to achieve a new portfolio milestone, reaching $2.5 billion in managed assets.“Ascentium’s...
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July 22, 2020, 07:28 AM
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Ascentium Capital LLC announced first quarter 2020 funded volume of $366.5 million, representing a 17.4 percent increase and $2.4 billion in managed assets, representing a 14 percent increase over the same period last year. “While going through...
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April 21, 2020, 07:25 AM
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Regions Bank announced it has completed the acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses.“We are pleased to welcome Ascentium Capital teammates and small business customers to Regions,” said...
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April 02, 2020, 07:25 AM
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Regions Bank announced it has entered into a definitive agreement to acquire Ascentium Capital LLC from Warburg Pincus, a global private equity firm focused on growth investing.Ascentium Capital, headquartered in Kingwood, TX, is the largest...
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February 28, 2020, 07:20 AM
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Regions Financial Corporation announced that John M. Turner Jr. has been named President of Regions Bank and Regions Financial Corporation, its bank holding company. Turner, 56, is a Senior Executive Vice President, a member of the bank’s Executive...
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December 15, 2017, 08:00 AM
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Regions Equipment Finance Corporation ("REFCO") announced that Tim Maloof has joined REFCO as Vice President, Indirect Sales (Buy Desk) effective August 31, 2017. Maloof is responsible for all aspects of continuing to grow and expand the REFCO...
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September 29, 2017, 07:18 AM
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Regions Bank announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of...
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September 06, 2017, 07:10 AM
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A former senior vice president at Regions Bank has agreed to plead guilty to conspiracy charges in a $5 million bribery and wire fraud scheme, announced Acting U.S. Attorney Robert O. Posey and FBI Special Agent in Charge Roger C. Stanton.The U.S....
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May 08, 2017, 07:16 AM
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A federal grand jury last week indicted two former Regions Bank employees for conspiracy in a $5 million bribery and wire fraud scheme, announced U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Roger C. Stanton.A 39-count indictment...
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July 11, 2016, 07:19 AM
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Regions Bank and Fundation Group LLC announced an agreement that will combine the strengths of one of the nation's largest full service banks with that of a leading online lender to provide small businesses with a first of its kind, coordinated...
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October 09, 2015, 07:15 AM
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Regions Bank announced that Terry Katon has been appointed executive managing director and head of Regions Bank Capital Markets.
Previously Katon was managing director and group head of the commercial syndications business and head of origination...
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April 15, 2014, 07:13 AM
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Regions Bank has created a new Business and Community Banking line of business led by veteran banker Joe DiNicolantonio. The new division reports directly to John Owen, head of business lines and is dedicated to providing a full array of banking...
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April 05, 2013, 07:03 AM
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