Regions Bank has launched its International Subsidiaries Banking Group, with a team that will support the banking needs of U.S.-based subsidiaries of global corporations.
The team is led by Laerte Barros, who joined the Birmingham-based bank from BBVA.
“Regions Bank has a proud history of serving vibrant markets that have strong connections to international commerce,” said Ronnie Smith, head of Corporate Banking for Regions. “By leveraging the skills and experience of bankers who understand the business dynamics of these markets, as well as the importance of international finance, we are well positioned to help more U.S.-based subsidiaries of international businesses build sustainable growth. We know the experience and vision of Laerte and his team will directly complement the services and insights delivered by our Commercial Banking professionals.”
Barros has worked with international corporations for more than 25 years.
“International companies require specialized products and services that are tailored to their unique business goals and objectives,” Barros said. “It takes a specific level of experience to meet the detailed financial needs of these companies and support their long-term success.”
Barros’ team also includes Marcus Kim and Christian Louis.