Regions Financial has been without an investment banking business-more or less-ever since it had to unload its Morgan Keegan unit in 2012. The Birmingham, Ala., company is now taking steps to fill the void.

It's going to have plenty of company.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.