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Regions Financial being probed by U.S. Attorney's Office

Aug 4 (Reuters) - Regions Financial Corp said the U.S. Attorney's Office for the Eastern District of New York is investigating the bank's relationship with a former customer who may have been involved in criminal activity.

The bank said it is cooperating with the probe, which is also looking into related aspects of Regions' Anti-Money Laundering and Bank Secrecy Act compliance program. (http://bit.ly/2vpNy4y)

Shares of the Birmingham, Alabama-based lender were down marginally in heavy afternoon trading. (Reporting by Nikhil Subba in Bengaluru; Editing by Maju Samuel)