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Published on 5/16/2017 in the Prospect News Bank Loan Daily.

Regions adds directors Bowles, Hoverman to advise middle-market clients

By Marisa Wong

Morgantown, W.Va., May 16 – Regions Financial Corp. announced that Regions Securities, LLC has further expanded its corporate finance group by hiring two managing directors, Gene Bowles and Daniel Hoverman.

Bowles and Hoverman join previous hires including managing director Rob Tyndall and others following the 2016 launch of the corporate finance group, according to a news release.

The corporate finance group provides capital raising and advisory services to Regions’ corporate clients, with an emphasis on the middle market.

Bowles brings more than 20 years of investment banking and capital markets experience, most recently with Cary Street Partners and, prior to that, Wells Fargo predecessor Wachovia Securities.

His expertise includes private capital raising, merger and acquisition advisory, leveraged finance, high-yield capital markets, and he has significant experience working with private equity groups.

Bowles received an MBA from the Darden Graduate School of Business at the University of Virginia and a BA in government and foreign affairs from the University of Virginia.

Hoverman joins Regions Securities from Houlihan Lokey where he was a senior member of the firm’s mergers and acquisition group. Previously, Hoverman was at Credit Suisse in Hong Kong and UBS in New York, and he began his career as a corporate and securities attorney with Kirkland & Ellis.

Hoverman brings over 15 years of experience advising on complex transactions, including public company, international, dual track and similar situations, as well as restructuring and capital markets transactions.

He has an MBA from Columbia Business School and a JD from Columbia Law School, where he was a James Kent Scholar and John C. Olin Fellow. He received a BA in history from Yale University.

Regions provides advisory and capital raising services through Regions Securities, a wholly owned subsidiary that serves as a broker-dealer to commercial clients and acts in an advisory capacity to merger and acquisition transactions. Regions Capital Markets, a division of subsidiary Regions Bank, provides products and services including syndicated loan facilities, interest rate, commodity and foreign exchange risk hedging.

The bank and financial services company is based in Birmingham, Ala.


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