MEMPHIS, TENN. (December 16, 2008)—Morgan Keegan & Co, Inc., the securities brokerage subsidiary of Regions Financial Corporation (NYSE: RF), announced today that David B. Boling has joined the firm as a managing director. Also joining Morgan Keegan to form the Boling Financial Management Group are James W. Roy II, financial advisor; Ruth E. Goldberg, registered sales assistant; and Patricia Alvarez, administrative assistant. The Group will temporarily work out of the firm’s Fort Worth branch until early 2009 when a satellite office is scheduled to open in El Paso, Texas. All came from Wachovia Securities in El Paso.
Boling, a 25-year veteran of the financial industry, was a managing director and a member of the Premier Advisor Club with Wachovia Securities. He was previously a senior vice president with Smith Barney and a former vice president with Merrill Lynch in El Paso. Boling earned a Bachelor of Business Administration degree from the University of Texas in Austin.
Roy was a financial advisor with Wachovia Securities for three years. He spent most of his career with Wells Fargo, where he served in various management and sales positions as well as director of Information Technology and Services. He received a Bachelor of Science in Business Management and a Master of Arts in Education from the University of Phoenix.
Goldberg, a 30-year veteran of the insurance and securities industry, was a registered sales assistant with Wachovia Securities in the El Paso office. Prior to joining Wachovia, she served as the executive director of the El Paso Association of Insurance and Financial Advisors for 13 years.
Alvarez was a sales assistant to Boling at Wachovia Securities. She was formerly a trust assistant and operations coordinator with Wells Fargo. Although she has spent most of her career working in the trust departments of various banks in Texas, Alvarez began her career as a securities trade specialist with State National Bank of El Paso in 1982.
“We are delighted to have such a talented and experienced team of investment professionals join us,” said Thomas Orr, executive managing director and regional manager of the firm’s Texas locations. “The Boling Financial Management Group will provide our full range of investment products andservices to their clients in West Texas and eastern New Mexico and Arizona. We are very excited for the opportunity to expand our presence in this region and open a satellite office in El Paso in the near future. ”
Morgan Keegan has six branches in Texas, including Austin, Dallas, Ft. Worth, Houston, San Antonio and Tyler, as well as satellite offices in Regions Bank locations throughout the state.
About Morgan Keegan & Company Inc.
Morgan Keegan & Company Inc., one of the nation’s largest regional full-service brokerage and investment banking firms, is the securities brokerage subsidiary of Regions Financial Corporation(NYSE: RF). Headquartered in Memphis, Tenn., Morgan Keegan has over 4,300 employees providing services in more than 350 offices. Additional information about Morgan Keegan is available at www.morgankeegan.com.
About Regions Financial Corporation
Regions Financial Corporation is a member of the S&P 100 Index and Forbes Magazine's "Platinum400" list of America's best big companies. With $144 billion in assets, Regions is one of the nation's largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South,Midwest and Texas, and through its subsidiary, Regions Bank, operates over 1,900 banking offices and nearly 2,400 ATMs. Additional information about Regions and its full line of products and services can be found at www.regions.com.
Contact information:
Gail Rimer
Media Relations
Morgan Keegan & Company, Inc.
Phone: 901.524.4183
