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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., has wrapped up a tender offer to lower its debt expense.
The $120 billion-asset company said Monday that it plans to retire $350 million worth of 2014 bonds on which it pays a 7.75% interest rate. It will close the tender offer Monday, earlier than it planned, after receiving more than $765 million in tenders on the notes it proposed to retire.
The company plans to fund the tender offer with the proceeds from a
Goldman Sachs (GS) and Morgan Stanley (MS) were the dealer managers for the tender offer.
Regions announced earlier this month that it would