Zions Bancorp (ZION -2.3%) is lower this morning on a Nomura downgrade. The firm says the bank...

|About: Zions Bancorporation (ZION)|By:, SA News Editor

Zions Bancorp (ZION -2.3%) is lower this morning on a Nomura downgrade. The firm says the bank is poorly positioned to benefit from the increase in mortgage-refinances expected in the second half of this year.