CEO, Regions Financial
In the years since the financial crisis, Hall engineered a remarkable turnaround for the Alabama-based bank that was mired in bad investments and toxic loans. One of Hall's strategies was to sell off the company's investment banking division and focus instead on core operations, increasing commercial and industrial lending along with mortgage revenues. The result: steadily declining loan loss reserves, increased net income, and a soaring share price that has put the company under review for a possible ratings upgrade by Moody's. And to cap off the turnaround, this year Regions Financial (Fortune 500) paid off the $3.5 billion in TARP funding it received at the height of the financial crisis, freeing up its capital and positioning itself to make some useful acquisitions or dividend payouts. --OA ,
He's a pro-customer, tightfisted risk-taker who is conditioning Wall Street to embrace his erratic earnings. If you're running a business with high margins - watch out.
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