Regions Financial Corp., the Alabama lender that holds $ 3.5 billion in government bailout funds, fell as much as 4.5 percent in New York trading after the bank reported earnings that depended on a one-time gain from a securities sale.
BusinessWeek.com — Finance
SunTrust Banks Inc. and Regions Financial Corp. led bank stocks higher as Bank of Montreal’s deal to buy Marshall & Ilsley Corp. renewed speculation that U.S. lenders hurt by the recession will become targets.
BusinessWeek.com — Finance
SunTrust Banks Inc. and Regions Financial Corp. led bank stocks higher as Bank of Montreal’s deal to buy Marshall & Ilsley Corp. renewed speculation that U.S. lenders hurt by the recession will become targets.
BusinessWeek.com — Finance
The Federal Reserve said the economy gained strength across much of the U.S. as hiring improved, manufacturing expanded and retailers anticipated a stronger holiday shopping season.
BusinessWeek.com — Finance
Regions Financial Corp., the Alabama bank that replaced its risk managers last week, was downgraded to junk status by Standard & Poor’s Ratings Services on concern that more loan losses will erode the firm’s capital.
BusinessWeek.com — Finance
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