03:02 PM EDT, 10/21/2024 (MT Newswires) -- First Horizon ( FHN ) said Monday that its FHN Financial division expanded its public finance department to enhance project finance capabilities in the municipal market by hiring a team of municipal bankers.

The company said it hired Howard Manning as managing director, and Stan Rosendahl and Alana Zimmerman as executive directors to strengthen its public finance banking team.

Manning, who previously held an investment banking role at D.A. Davidson, Piper Sandler, and Raymond James, serves as the Municipal Products Group's national lead banker for project finance transactions, it said.

Shares of First Horizon ( FHN ) were down 1.4% in recent trading.

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