Regions Financial in Birmingham, Ala., has
Regions said Wednesday that Horton will serve as head of commercial banking, a newly formed role at the $126 billion-asset company. He previously served as a regional president for two years, in charge of locations in Alabama, Mississippi, southern Louisiana and the Florida Panhandle.
In his new role, Horton will oversee several previously separate units, including business banking, treasury management and business loan underwriting. He will report to John Turner, head of corporate banking.
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An executive from Regions Financial said recently that his bank plans to pad fee income by expanding into syndication of low-income housing credits. The comment shed light on an increasingly competitive business and reminded the world again how eager banks are for even incremental boosts to revenue.
June 9 -
The $125 billion-asset company said in a press release Tuesday that Kate Randall Danella will lead a team of private wealth management professionals providing banking, trust and investment management services to affluent and high-net-worth individuals and families.
May 17 -
A partnership with a firm that makes consumer loans through Home Depot stores is exceeding all expectations at Regions Financial. The company is counting on arrangements with two other alternative lenders to further drive loan growth.
April 15
"Streamlining our commercial banking businesses under Bill's leadership will create a consistent, simplified approach across our markets," Turner said in a press release.
Additionally, Regions named a successor for Horton's previous role.
Keith Herron will serve as the company's regional president in the South. He joined the company in 1988 and has been head of strategic planning since 2012.
