SOURCE: Wall Street Equity Research

Wall Street Equity Research

September 22, 2010 08:53 ET

Professional Research on Regions Financial and First Horizon National -- Recession Hits Southeast Banks Hard

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 22, 2010) -  www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the regional - Southeast banks industry, and offers free research on industry players Regions Financial Corp. (NYSE: RF) and First Horizon National Corp. (NYSE: FHN). Register today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The Southeast Banks sector has been struck hard by the recession. A large amount of real-estate loan defaults in the Southeast have caused many banks to become financially unstable due to deterioration in credit. Many banks have been forced to downsize or close by the Federal Deposit Insurance Corporation.

www.wallstreetequityresearch.com is a specialized website where investors can have complete access to free reports on regional - Southeast banks industry; traders looking for analyst opinions on Regions Financial Corp., First Horizon National Corp. and other players in the industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

When the FDIC seizes assets, it allows other more healthy banks to acquire them at undervalued prices. This has meant growth for larger banks within the sector and a shrinkage or disappearance of smaller ones. The FDIC has closed 125 banks so far this year. The hardest hit states in the Southeast are Georgia which has closed 14 banks and Florida which leads the nation at 23. Currently, some banks like Regions Financial Corp. and First Horizon National Corp. are looking very much like potential takeover targets. Shareholders and investors can sign up today at http://wallstreetequityresearch.com/September212010RegionsFinancialCorp.(RF)210910.php or http://wallstreetequityresearch.com/September212010FirstHorizonNationalCorp.(FHN)210910.php to download the full reports on Regions Financial Corp. and First Horizon National Corp.

One piece of positive news within the banking industry are the lower than expected capital holding requirements published by the regulatory meeting in Basel, Switzerland. While these numbers have yet to be adopted by G20 leaders, it is expected that many of the banks that had been hoarding money in anticipation of a high holding requirement should now become more active with a clearer understanding of the regulations at hand. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting regional - Southeast banks stocks.

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