Regions Financial has completed its acquisition of The Frazer Lanier Company, expanding its investment banking and municipal finance services for public and institutional clients. The deal strengthens the resources of Regions Capital Markets and its corporate banking business. Regions Financial's stock is at $30.28, with a one-year return of 27.0%, a three-year return of 88.9%, and a five-year return of 87.1%. The integration of Frazer Lanier is expected to influence future deal activity and client relationships, and provides a benchmark against other regional banks building out capital markets capabilities.
Regions Financial CorporationRegions Financial completed the acquisition of Frazer Lanier, expanding its investment banking and municipal finance services.