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The decision to charge for depositing a check via smartphone or tablet is likely to attract attention from other banks that now give away the service.
April 5 -
Regions Financial is sharpening its focus on small business. The Birmingham, Ala., company said late Thursday it has named Joe DiNicolantonio to head a new division that will offer banking, loans and advice to companies with sales up to $20 million.
April 5
Regions Financial (RF) in Birmingham, Ala., is taking steps to conform its capital to evolving regulatory requirements.
The $120 billion-asset company said Wednesday it would redeem roughly $498 million of trust-preferred securities.
The decision follows a
The proposal triggered a provision in the trups agreements that gives Regions the right to redeem them. It will pay $1,000 per trust-preferred security, together with any unpaid or accrued interest.
Regions, which will fund the buyback with cash on hand, expects to redeem the securities on May 31.
