Regions Financial Corp. to Acquire The Frazer Lanier Company, Expanding Municipal and Corporate Investment Banking Services

Regions Financial announced the acquisition of Frazer Lanier, an investment banking firm focused on municipal and corporate securities. The deal is incremental and likely supportive for Regions’ investment banking capabilities, but no deal value, financial impact, or guidance change was provided.

Analysis

Regions Financial announced the acquisition of Frazer Lanier, an investment banking firm focused on municipal and corporate securities. The deal is incremental and likely supportive for Regions’ investment banking capabilities, but no deal value, financial impact, or guidance change was provided.