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Community Financial Services Group LLC purchased a new position in shares of Regions Financial Co. (NYSE:RF – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 25,918 shares of the bank’s stock, valued at approximately $446,000. Other institutional investors also recently added to or reduced their stakes in the company. Dark Forest […] ....
By Will Feuer Regional bank stocks traded largely lower after signs of trouble emerged at New York Community Bancorp, which slashed its dividend on Wednesday. ....