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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 This material may not be published, broadcast, rewritten or redistributed.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 88 397 5,985
MORTGAGES 97 492 7,484
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 134 813 13,723
BANKRUPTCIES 50 287 5,142
BUSINESS LICENSES 22 122 2,274
UTILITY CONNECTIONS 86 398 7,266
MARRIAGE LICENSES 16 109 1,532

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