January 2, 2018 / 12:41 PM / 16 days ago

BRIEF-Zions Bancorp Announces Increase In Employees' Compensation Related To Tax Cuts & Jobs Act Of 2017

Jan 2 (Reuters) - Zions Bancorp:

* ZIONS BANCORPORATION ANNOUNCES INCREASE IN EMPLOYEES’ COMPENSATION RELATED TO THE TAX CUTS AND JOBS ACT OF 2017

* ZIONS BANCORP - EXPECTS TO INCUR INCREASE IN NONINTEREST EXPENSE IN Q4 2017 OF ABOUT $12 MILLION DUE TO CONTRIBUTION TO ZIONS BANCORPORATION FOUNDATION

* ZIONS BANCORP - WILL BE INCREASING ONGOING COMPENSATION FOR MORE THAN 40 PERCENT OF ITS EMPLOYEES AS OF JAN 1, 2018 Source text for Eikon: Further company coverage:

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