Regions Financial announced that, following a 34-year career in the financial services industry, Ward Cheatham will retire as head of Corporate Specialized Banking and a member of Regions’ Executive Leadership Team at the end of 2023. Regions’ current head of Capital Markets, Joel Stephens, has been named to succeed Cheatham, and the bank’s current.
The current marketplace is operating within a "risk-aware construct," in which financing providers of all types are attempting to balance an abundance of liquidity with a greater consciousness of prevailing economic and market conditions.