Bank / Credit Union

Regions Bank intros international group

April 7, 2023

Regions Bank has launched an International Subsidiaries Banking Group, a team that will offer banking services to international companies operating in the U.S. Laerte Barros will lead the team to develop relationships with several industries such as automotive manufacturing, aerospace, petrochemicals and other industries, according to a press release.

"Regions Bank has a proud history of serving vibrant markets that have strong connections to international commerce. 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," Ronnie Smith, head of corporate banking for Regions, said in the release. "We know the experience and vision of Laerte and his team will directly complement the services and insights delivered by our commercial banking professionals."

"International companies require specialized products and services that are tailored to their unique business goals and objectives. It takes a specific level of experience to meet the detailed financial needs of these companies and support their long-term success," Barros said in the release. "That's exactly the type of experience we are delivering by connecting clients with market-based insights — and the strength and resources of our collective team here at Regions. I am proud to lead Regions' International Subsidiaries Banking Group, and I look forward to building deeper collaborations with our teams as we meet the complex needs of our business clients."