Further, the acquisition is the latest example of Regions building additional revenue diversification by delivering more high-value, fee-based financial services and originations. The acquisition represents another avenue for the bank to broaden its specialty capabilities for existing technology sector clients while reaching new clients that can leverage Regions’ experience and resources to help them reach their financial objectives. Regions Financial plans to incorporate Clearsight into Regions Bank’s growing Capital Markets division. (NYSE:RF), the parent company of Regions Bank, on Friday announced it has entered into a definitive agreement to acquire Clearsight Advisors, Inc., a leading-edge mergers and acquisitions firm serving clients in the technology, professional services, data and information services, and digital and technology-enabled services industries. BIRMINGHAM, Ala.-( BUSINESS WIRE)-Regions Financial Corp.
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