| 词条 | Regions Financial Corporation |
| 释义 |
| name = Regions Financial Corporation | logo = Regions Financial Corp logo.svg | type = Public company | traded_as = {{nyse|RF}} S&P 500 Index component | trading_name = Regions Bank | foundation = {{start date and age|1971}} as First Alabama Bancshares | location = Regions Center Birmingham, Alabama United States | locations = 1,899 ATMs and 1,469 banking offices[1] | key_people = {{nowrap| O.B. Grayson Hall, Jr., Executive Chairman John M. Turner, Jr., President, CEO David J. Turner, Jr., CFO[1]}} | industry = Financial services | products = Commercial banking Retail banking Mortgage banking Investment banking Asset management Insurance | revenue = {{increase}} $6.093 billion (2017)[1] | operating_income = {{increase}} $1.257 billion (2017)[1] | net_income = {{increase}} $1.263 billion (2017)[1] | assets = {{increase}} $125.294 billion (2017)[1] | equity = {{increase}} $16.665 billion (2017)[1] | num_employees = 21,714[2] | num_employees_year = 2017 | ratio = 10.95%[1] | homepage = {{URL|https://www.regions.com/}} }} Regions Financial Corporation is a bank and financial services company headquartered in the Regions Center in Birmingham, Alabama.[3] The company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Its banking subsidiary, Regions Bank, operates 1,906 automated teller machines and 1,527 branches in 15 states in the Southern United States and Midwestern United States.[1] Regions is the only member of the Fortune 500 headquartered in Alabama, and was ranked #436 in 2017.[4] Regions is also on the list of largest banks in the United States Current operationsAs of June 30, 2017, Regions was the largest deposit holder in Alabama, with $22.677 billion in local deposits, or 22.58% of all local deposits. In Tennessee, Regions was also the largest deposit holder with $17.3 billion in total deposits, or 14.1% of all local deposits. Regions had $4 billion in deposits (7.5% of local deposits) in Arkansas, $7.2 billion in deposits (7.6% of local deposits) in Louisiana, $6.6 billion in deposits (13.8% of local deposits) in Mississippi, and $19.1 billion in deposits (4.2% of local deposits) in Florida.[5] The company's headquarters is in the Regions Center in Birmingham, Alabama. The company sponsors Regions Field, a minor league baseball stadium in Birmingham, Alabama, and The Tradition golf tournament. It sponsored the Regions Charity Classic, a golf tournament held in 2009 and 2010. The company has a partnership with Operation HOPE, Inc. to provide free financial education to underserved community.[6] HistoryRegions Financial Corporation, formerly known as First Alabama Bancshares, was founded on July 13, 1971 with the merger of three Alabama banks: First National Bank of Montgomery, Alabama (opened 1871), Exchange Security Bank of Birmingham, Alabama (opened 1928), and First National Bank of Huntsville, Alabama (opened 1856).[7][8] The headquarters of First National Bank of Huntsville was a historic building built in 1835.[9] It served as a hospital for Union soldiers during the American Civil War, and once held a rifle owned by Frank James as collateral for bail money when he was incarcerated across the street in the Madison County Jail. Until their formal merger in March 1985, under revised banking regulations, the banks continued to operate independently. In 1986, changes in the Interstate Banking Bill allowed bank holding companies to purchase bank branches outside the state in which they were chartered. First Alabama Bancshares expanded its operations first into Florida, continuing into Georgia, Tennessee, and Arkansas. In 1994, to reflect its growth into a regional company, First Alabama Bancshares changed its name to Regions Financial Corporation and the name of its banking subsidiary to Regions Bank.[10] Regions added banking branches in Alabama, Georgia, Tennessee, Florida, South Carolina, Texas, Louisiana, and Arkansas. The name "Regions" was purchased from First Commercial Corporation, the Arkansas Bank that Regions subsequently purchased in 1998.[11] The Louisiana Regions Banks were established in Monroe (Ouachita Parish) by two former members of the Louisiana State Legislature, Jamar Adcock and Billy Boles. In 2001, Regions acquired Rebsamen Insurance Company, which was renamed Regions Insurance Group.[12] In 2001, Regions acquired Morgan Keegan & Company for $789 million.[13] In January 2012, Regions sold Morgan Keegan to Raymond James for $930 million. The trust department was retained by Regions and now operates as Regions Trust.[14] In 2002, the company announced that it will list its common stock on the New York Stock Exchange.[15] In 2002, Regions acquired Independence Bank for approximately $24 million in cash.[16][17] On January 24, 2004, Regions merged with Memphis, Tennessee based Union Planters Bank in a $5.9 billion transaction. Jackson W. Moore, the former CEO of Union Planters, became CEO of the merged company. He suffered a stroke after the merger closed, but was still able to assume his new post upon recovery. After the merger, Regions adopted Union Planters' former logo of a young cotton plant and used it until the AmSouth conversion. The merger significantly increased Regions' footprint in Tennessee; Union Planters had been the largest Tennessee-based bank.[18][19] In 2006, Regions acquired AmSouth Bancorporation, another Birmingham based bank, in a $10 billion transaction. While Regions was the surviving company, the merged entity adopted AmSouth's corporate structure.[20][21] In 2008, Regions Bank received a $3.5 billion loan as part of the Troubled Asset Relief Program. On April 4, 2012 Regions repaid the $3.5 billion loan.[22] On August 29, 2008, as a result of the 2007-2008 financial crisis, Integrity Bank of Alpharetta, Georgia was placed into receivership by the Federal Deposit Insurance Corporation and Regions Bank assumed its operations.[23][24] In February 2009, FirstBank Financial Services of McDonough, Georgia, was also placed into receivership by the FDIC and Regions Bank assumed its operations.[25][26] CriticismCustomer fraudIn 2011, Regions paid $200 million to settle with the U.S. Securities and Exchange Commission over mispricing risky mortgage-backed bonds in its conservative mutual funds in its Morgan Keegan subsidiary.[27][28] Overdraft feesIn April 2015, Regions was fined $7.5 million by the Consumer Financial Protection Bureau for charging consumers with inappropriate or illegal overdraft fees.[29] Regions did not obtain affirmative opt-ins from charging overdraft fees on ATM and point of sale transactions.[30] The CFPB also found that Regions misrepresented overdraft and non-sufficient fund fees related to the bank's short-term loan program.[31] References1. ^1 2 3 4 5 6 7 8 [https://www.sec.gov/Archives/edgar/data/1281761/000128176117000026/rf-20161231x10k.htm Regions Financial Corporation 2016 Form 10-K Annual Report] 2. ^{{Cite web|url=http://fortune.com/fortune500/regions-financial/|title=Regions Financial|website=Fortune|access-date=2018-12-31}} 3. ^{{Cite web|url=http://fortune.com/fortune500/regions-financial/|title=Regions Financial|website=Fortune|access-date=2018-12-31}} 4. ^{{cite web | title=Fortune 500: Regions Financial | url=http://fortune.com/fortune500/regions-financial/ | publisher=Fortune}} 5. ^{{cite web | title=FDIC: Deposit Market Share Reports - Summary of Deposits | url=https://www5.fdic.gov/sod/sodMarketBank.asp?barItem=2 | publisher=Federal Deposit Insurance Corporation}} 6. ^{{cite press release | url=http://www.businesswire.com/news/home/20170915005104/en/Regions-Bank-Announces-Major-Expansion-Financial-Education | title=Regions Bank Announces Major Expansion of Financial Education Partnership with Operation HOPE to Include 100 HOPE Inside Locations | publisher=Business Wire | date=September 15, 2017}} 7. ^{{cite news | url=http://www.al.com/bhammag/index.ssf/2016/08/how_regions_recovered_from_the.html | title=How Regions recovered from the financial crisis to be a leading bank | first=David | last=Magee | publisher=The Birmingham News | date=August 25, 2016 }} 8. ^{{cite web | title=Public Hearing on Preemption Petition: Regions Financial Corporation | url=https://www.fdic.gov/news/conferences/agency/public_cjones_test.html | publisher=Federal Deposit Insurance Corporation}} 9. ^{{cite news | url=http://www.al.com/business/index.ssf/2014/12/iconic_first_national_bank_bui.html | title=Iconic First National Bank building in downtown Huntsville back open following extensive renovations | first=Steve | last=Doyle | publisher=The Birmingham News | date=December 15, 2014}} 10. ^{{cite web | title=Institution History for REGIONS FINANCIAL CORPORATION (1078332) | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=1078332&parDT_END=20040630 | publisher=Federal Reserve System}} 11. ^{{cite news | url=https://www.wsj.com/articles/SB887070412572428500 | title=Regions Financial Confirms Purchase Of First Commercial, Pledge to Charity | first1=Rick | last1=Brooks | first2=Matt | last2=Murray | publisher=The Wall Street Journal | date=February 10, 1998}}{{subscription required}} 12. ^{{cite news | url=http://www.arkansasbusiness.com/article/62550/regions-buys-rebsamen-insurance | title=Regions Buys Rebsamen Insurance | first=Gwen | last=Mortiz | publisher=Arkansas Business Publishing Group | date=February 7, 2001}}{{subscription required}} 13. ^{{cite news | url=http://money.cnn.com/2000/12/18/deals/morgan_keegan/index.htm | title=Regions buys Morgan Keegan | publisher=CNN | date=December 18, 2000}} 14. ^{{cite news | url=http://www.bizjournals.com/charlotte/blog/bank_notes/2012/01/its-final-regions-to-sell-morgan.html | title=It's final: Regions to sell Morgan Keegan to Raymond James | first=Adam | last=O'Daniel | publisher=American City Business Journals | date=January 11, 2012}} 15. ^{{cite news | url=http://www.arkansasbusiness.com/article/58953/regions-to-list-common-shares-on-nyse | title=Regions to List Common Shares on NYSE | publisher=Arkansas Business Publishing Group | date=April 10, 2002}}{{subscription required}} 16. ^{{cite news | url=https://www.bizjournals.com/houston/stories/2001/12/17/daily41.html | title=Regions to acquire Independence Bank | publisher=American City Business Journals | date=December 21, 2001}} 17. ^{{cite news | url=http://www.arkansasbusiness.com/article/59848/regions-to-acquire-independence-bank | title=Regions to Acquire Independence Bank | publisher=Arkansas Business Publishing Group | date=December 27, 2001}}{{subscription required}} 18. ^{{cite news | url=https://www.wsj.com/articles/SB107487841628310213 | title=Regions Financial, Union Planters Get Support in $6.1 Billion Merger | first1=CARRICK | last1=MOLLENKAMP | first2=ROBIN | last2=SIDEL | publisher=Wall Street Journal | date=January 26, 2004}} 19. ^{{cite press release | url=http://www.businesswire.com/news/home/20050503005365/en/Initial-Regions-Union-Planters-Bank-Conversions-Successful-Phase | title=Initial Regions-Union Planters Bank Conversions Successful; Second Phase Set for August | publisher=Business Wire | date=May 3, 2005}} 20. ^{{cite press release | url=http://www.businesswire.com/news/home/20060525005174/en/Regions-Financial-Corp.-AmSouth-Bancorporation-Merge | title=Regions Financial Corp. and AmSouth Bancorporation to Merge | publisher=Business Wire | date=May 25, 2006}} 21. ^{{cite press release | url=https://www.justice.gov/archive/atr/public/press_releases/2006/219180.htm | title=JUSTICE DEPARTMENT REACHES AGREEMENT REQUIRING DIVESTITURES IN MERGER OF REGIONS FINANCIAL CORP. AND AMSOUTH BANCORPORATION | publisher=U.S. Department of Justice | date=October 19, 2006}} 22. ^{{cite news | url=https://www.wsj.com/articles/SB10001424052702303299604577323761486741868 | title=Regions Returns TARP Money | first=Jeffrey | last=Sparshott | publisher=The Wall Street Journal | date=April 4, 2012}}{{subscription required}} 23. ^{{cite web | title=FDIC: Failed Bank Information: Integrity Bank, Alpharetta, GA Closing Information | url=http://www.fdic.gov/bank/individual/failed/integrity.html | publisher=Federal Deposit Insurance Corporation}} 24. ^{{cite news | url=https://www.bizjournals.com/atlanta/stories/2008/08/25/daily84.html | title=Integrity Bank fails, bought by Regions Financial | first=Joe | last=Rauch | publisher=American City Business Journals | date=September 2, 2008}} 25. ^{{cite web | title=FDIC: Failed Bank Information: FirstBank Financial Services, McDonough, GA Closing Information | url=https://www.fdic.gov/bank/individual/failed/firstbank.html | publisher=Federal Deposit Insurance Corporation}} 26. ^{{cite news | url=https://www.bizjournals.com/atlanta/stories/2009/02/02/daily127.html | title=FirstBank seized by feds, Regions to take over | first=Joe | last=Rauch | publisher=American City Business Journals | date=February 6, 2009}} 27. ^{{cite news | url=https://dealbook.nytimes.com/2011/06/22/morgan-keegan-settles-mortgage-securities-case-and-is-put-on-the-block/ | title=Regions Settles S.E.C. Case Over Former Morgan Keegan Funds | last=LATTMAN | first=PETER | publisher=The New York Times | date=June 22, 2011}} 28. ^{{cite press release | url=https://www.sec.gov/news/press/2011/2011-132.htm | title=Morgan Keegan to Pay $200 Million to Settle Fraud Charges Related to Subprime Mortgage-Backed Securities | publisher=U.S. Securities and Exchange Commission | date=June 22, 2011}} 29. ^{{cite news | url=https://www.cnbc.com/2015/04/28/cfpb-fines-regions-bank-for-illegal-overdraft-fees.html | title=CFPB fines Regions Bank for illegal overdraft fees | last=Holland | first=Kelley | publisher=CNBC | date=October 28, 2015}} 30. ^{{cite press release | url=https://www.consumerfinance.gov/about-us/newsroom/cfpb-fines-regions-bank-7-5-million-for-unlawful-overdraft-practices/ | title=CFPB Fines Regions Bank $7.5 Million for Unlawful Overdraft Practices | publisher=Consumer Financial Protection Bureau | date=April 28, 2015}} 31. ^{{cite news | url=https://www.usatoday.com/story/money/2015/04/28/regions-bank-overdraft-enforcement/26509783/ | title=Regions Bank fined $7.5M for overdraft fees | last=McCoy | first=Kevin | publisher=USA Today | date=April 28, 2015}} External links{{Finance links| name = Regions Financial Corporation | symbol = RF | sec_cik = RF | yahoo = RF | google = RF }}{{50 largest US banks}} 11 : Regions Financial Corporation|Companies based in Birmingham, Alabama|Banks based in Alabama|Economy of Texas|Economy of the Midwestern United States|Economy of the Southeastern United States|Companies listed on the New York Stock Exchange|Banks established in 1971|American companies established in 1971|1971 establishments in Alabama|Companies formed by merger |
| 随便看 |
|
开放百科全书收录14589846条英语、德语、日语等多语种百科知识，基本涵盖了大多数领域的百科知识，是一部内容自由、开放的电子版国际百科全书。