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VOL. 123 | NO. 41 | Thursday, February 28, 2008

Morgan Keegan CEO to Retire in April

AP

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BIRMINGHAM (AP) - Financial services provider Regions Financial Corp. said Wednesday Doug Edwards, the president and chief executive of its brokerage and investment banking subsidiary Morgan Keegan & Co., will retire in April.

Regions said it named John C. Carson Jr. as the new chief executive at the unit.

Carson, 51, served as president of fixed income capital markets and was an executive managing director of the firm.

The company also named R. Patrick Kruczek as president and chief operating officer of the unit. Kruczek, 43, has worked as the chief administrative officer of Morgan Keegan since 2006.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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PROPERTY SALES 65 137 2,524
MORTGAGES 129 223 3,542
FORECLOSURE NOTICES 0 15 797
BUILDING PERMITS 0 163 6,498
BANKRUPTCIES 77 161 2,568
BUSINESS LICENSES 25 49 1,113
UTILITY CONNECTIONS 138 284 3,726
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