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Regions helped in third quarter by capital markets and wealth growth

American Banker

The Birmingham, Alabama-based company joined a number of other institutions reporting sizable increases in investment banking-related revenues. It's also forecasting an uptick in spread income throughout the remainder of 2024 and into 2025.

Alabama 36
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First Federal reorganizes, Regions wins presidential award

American Banker

First Federal Bank of Kansas City finalized a plan to reorganize its corporate structure; Regions Bank in Birmingham, Alabama, was one of 10 to win the "President's 'E' Award for Export Service"; Rhode Island-based Citizens Financial Group named Jim Weiss as Florida market president; and more in this week's banking news roundup.

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ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

Alabama 159
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PNC Eyes Buying US Unit Of Spain's BBVA, Report Says

PYMNTS

The acquisition could have the effect of boosting PNC's presence in the southeast and west where the markets are growing quickly, according to WSJ. BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S., including branches around the Sunbelt with a large presence in Texas.

Report 247
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Dollar General Introduces 'popshelf' Store Concept

PYMNTS

Plans are in place to have roughly 30 locations in different markets before the conclusion of fiscal year 2021. The company also plans to break ground on a new Loxley, Alabama distribution hub and regional headquarters in 2021.

Nashville 109
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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

With a focus on its corporate customers, Progress Bank , which operates in Alabama and Florida has tapped data and financial management technology company Sensibill to integrate its digital receipt management capabilities. Progress Bank Taps Sensibill For Digital Receipts.

Fintech 247
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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

Experts predict that the market will reach $10.87 This change in operations could remain after the end of the crisis, according to Stephen Griffin, senior vice president at Alabama-based Regions Bank , as it has two major benefits over the status quo. The global digital banking platform industry generated $3.95

ATM 225