BankUnited hired Kelly Taub as executive vice president and director of credit review. Taub most recently served as a senior director at Capital One and will replace Walter Shields, who is retiring after serving as executive vice president and director of credit review since 2016.
According to Reuters, five U.S. regional banks put aside millions of dollars during Q1/16 to cover potential losses from loans to the energy sector.
Regions Financial chief credit officer Barb Godin was named one of the 25 Women to Watch in Banking by American Banker. Godin joined Regions in 2003 and has more than 40 years of experience in financial services.
Regions Financial announced the formation of a new corporate and investment banking Financial Services Group led by Tom Dierdorff as senior vice president and group head.
Regions Financial said it has realigned its business units creating a General Bank that will include a Corporate Bank that will be headed by South Region president John Turner.
Regions Financial reported full-year 2013 net income of $1.1 billion was 10% higher compared to the previous year. The bank noted overall loan growth was driven by the company’s specialized lending groups and asset-based lending.
Regions Financial reported fourth-quarter earnings of $261 million compared to a net loss of $602 million for the same quarter in 2011. The bank said provision charges of $37 million were down from $295 million in 2011.