‘Nobody wants to talk about it,’ bank CFO sounds alarm on terrifying issue draining $136M a year from customer accounts ...Middle East

A BANK’S top official has warned of scams that have drained $136 million from customer accounts so far this year. Regions Financial, based in Birmingham, Alabama, told Wall Street analysts that the bank had been affected by two scams in 2023. David Turner, the Chief Financial Officer of Regions Financial, spoke to analysts about the scams in NovemberRegions “It’s hitting everybody,” David Turner, the Chief Financial Officer of Regions Financial, said at a conference in November. “It’s just not hitting them enough where they need to have the kind of public discourse readout because nobody wants to talk about it.” One scam that affected Regions Financial bankers involved crimin

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Last updated : 26 Dec 2023 clock 02:41 AM

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‘Nobody wants to talk about it,’ bank CFO sounds alarm on terrifying issue draining $136M a year from customer accounts ...Middle East

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