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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 This material may not be published, broadcast, rewritten or redistributed.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 91 171 7,445
MORTGAGES 115 213 9,357
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 202 335 16,562
BANKRUPTCIES 70 123 6,108
BUSINESS LICENSES 31 59 2,747
UTILITY CONNECTIONS 71 192 8,856
MARRIAGE LICENSES 26 70 2,019

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