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Federal Reserve Board issues enforcement action with former employee of Regions Bank
The Federal Reserve Board announced a consent prohibition order against Jason Lovell, a former employee of Regions Bank. The action addresses the misappropriation of customer funds.
Prohibition for former Regions Bank employee
The enforcement action targets Jason Lovell, who was formerly employed by Regions Bank in Birmingham, Alabama.
The Federal Reserve issued a consent prohibition order against him on Tuesday, January 6, 2026.
Misappropriation of customer funds cited
The prohibition order stems from Lovell's misappropriation of customer funds.
This action prevents him from further participation in the banking industry, reflecting the Board's commitment to maintaining public confidence.