BIRMINGHAM, Ala.--(BUSINESS WIRE)--
Regions Financial Corp. today announced that Regions Securities, LLC has further expanded its Corporate Finance Group by hiring two managing directors, Gene Bowles and Daniel Hoverman. Bowles and Hoverman join previous hires including Managing Director Rob Tyndall and others following the 2016 launch of the Corporate Finance Group, which provides capital raising and advisory services to Regions’ corporate clients, with an emphasis on the middle market.
Rit Amin, co-head of Corporate and Leveraged Finance said: “We continue to look for ways to better serve our corporate clients and in today’s banking environment, being just a capital provider is not enough. Our clients want strategic and financial advice as they look to grow and build their businesses by utilizing the capital markets. We are excited to add associates with experience across public, private debt and equity markets along with significant advisory capabilities.”
Bowles brings more than 20 years of investment banking and capital markets experience, most recently with Cary Street Partners and prior to that, Wells Fargo predecessor Wachovia Securities. His broad transaction expertise includes private capital raising, merger and acquisition advisory, leveraged finance, high yield capital markets, and significant experience working with private equity groups. Bowles received an MBA from the Darden Graduate School of Business at the University of Virginia and B.A. in Government and Foreign Affairs from the University of Virginia.
Hoverman joins Regions Securities from Houlihan Lokey where he was a senior member of the firm’s Mergers & Acquisition Group. Previously Hoverman served with Credit Suisse in Hong Kong and UBS in New York, and began his career as a corporate and securities attorney with Kirkland & Ellis. Hoverman brings over 15 years of experience advising on complex transactions, including public company, international, dual track and similar situations, as well as restructuring, and capital markets transactions. He graduated from Columbia Business School with an MBA and received a J.D. from Columbia Law School, where he was a James Kent Scholar and John C. Olin Fellow. He received a B.A. in History from Yale University.
Through its Corporate Banking Group, Regions serves public and private companies throughout the bank’s geographic footprint as well as across the United States through its Specialized Industry groups. Regions Capital Markets, a division of Regions Bank, provides products and services including syndicated loan facilities, interest rate, commodity and foreign exchange risk hedging. Regions provides advisory and certain capital raising services through Regions Securities LLC, a wholly-owned subsidiary which serves as a broker-dealer to commercial clients and acts in an advisory capacity to merger and acquisition transactions. BlackArch Partners LLC, a wholly-owned subsidiary of Regions, offers merger and acquisition services to its institutional clients and commercial entities.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $125 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, mortgage, and insurance products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,500 banking offices and 1,900 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
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