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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 This material may not be published, broadcast, rewritten or redistributed.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 103 297 12,923
MORTGAGES 108 330 16,800
FORECLOSURE NOTICES 6 26 3,316
BUILDING PERMITS 363 525 28,219
BANKRUPTCIES 77 216 10,706
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UTILITY CONNECTIONS 159 375 16,724
MARRIAGE LICENSES 20 75 3,766

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