Regions Financial with organizational shakeup

|About: Regions Financial Corpor... (RF)|By:, SA News Editor

Regions (RF) creates a General Bank which houses units serving retail, wealth management, and small business customers, and a Corporate Bank under which middle-market and larger commercial business will be housed.

John Owen, Head of Business Lines, has been named head of the General Bank, and South Region President John Turner has been named head of the Corporate Bank.

CEO Grayson Hall: "This realignment creates a more streamlined structure at the top of the company and is a more effective model for executing our strategy, managing our performance and serving our customers."