Regions Financial Corp. has acquired The Frazer Lanier Co. Inc., an investment banking firm specializing in municipal and corporate securities.
Founded in 1976 and based in Montgomery, Frazer Lanier serves corporations, cities, counties and local boards. According to a release from Birmingham-headquartered Regions, the acquisition supports the bank’s expanding investment banking capabilities for its public sector and institutional clients.
“Two of our top priorities at Regions Bank are strategically expanding our services and investing in top-tier banking talent,” said John Turner, chairman, president and CEO of Regions Financial Corp. “By welcoming experienced bankers from Frazer Lanier to the Regions family, we are connecting Regions’ clients with even greater capabilities while advancing our long-term strategy for growth.”
Brian Willman, head of corporate banking for Regions, added, “Frazer Lanier has built trust by staying close to clients and helping them navigate important decisions. That’s exactly how we approach relationships at Regions. Together, we can expand that model by bringing more ideas, more capabilities and more connectivity to clients across our markets.”
