Regions Financial Closes Acquisition of Clearsight Advisors to Expand Capabilities in Capital Markets Division.


Alabama, US-based Regions Financial Corp. (NYSE: RF), the parent company of Regions Bank, has closed the acquisition of Virginia-based mergers and acquisitions firm Clearsight Advisors, Inc., to expand capital markets division, the company said.

Terms were not disclosed.

The acquisition represents another avenue for the bank to broaden its speciality capabilities for existing technology sector clients while reaching new clients that can leverage Regions' experience and resources to help them reach their financial objectives.

The acquisition is the latest example of Regions building additional revenue diversification by delivering more high-value, fee-based financial services and originations.

The agreement to acquire Clearsight Advisors follows the recent completion of Regions' acquisition of Sabal Capital Partners, LLC, a diversified financial services firm that serves clients in the small-balance commercial real estate...

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