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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 313 4,762
MORTGAGES 97 409 6,640
FORECLOSURE NOTICES 34 147 1,475
BUILDING PERMITS 0 705 11,294
BANKRUPTCIES 53 311 4,525
BUSINESS LICENSES 41 177 1,983
UTILITY CONNECTIONS 64 436 6,253
MARRIAGE LICENSES 19 132 1,373

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