MEMPHIS, TENN. (December 10, 2008)—Morgan Keegan & Co., Inc., the securities brokerage subsidiary of Regions Financial Corporation (NYSE: RF), has hired two industry veterans to the firm’s newly established San Antonio office. James Davant, a 29-year veteran of the securities industry, joins the firm as a financial advisor and an associate vice president. Dawna Mitchell, who has 24 years industry experience, joins the firm as a branch administrative officer and operations manager and vice president.
Davant is the first financial advisor hired in the firm’s San Antonio branch. He comes to Morgan Keegan from Wachovia Securities. Davant was a financial consultant with A. G. Edwards & Sons, Inc. from 1993 until 2007 when the firm became a part of Wachovia. He was previously a branch manager and investment consultant with The Principal Financial Group. Davant currently serves as an executive officer of San Antonio’s Sail and Power Squadron and is active in San Antonio’s Talk of the Tower Toastmasters Club. A native of Miami, Florida, he received his Bachelor of Arts degree from Stetson University in DeLand, Florida.
Mitchell comes to Morgan Keegan from UBS Financial Services, Inc. where she was an associate director and operations manager. Her 24 years of industry experience include working for UBS in Austin, Houston and San Antonio for eight years and for Smith Barney for seven years. Mitchell attended Angelo State University in San Angelo, Texas.
“We are excited to hire such talented and well-respected investment professionals to our new branch,” stated Bill Campbell, senior vice president and branch manager of San Antonio. “Morgan Keegan has been successful in recruiting experienced industry veterans to enhance our services throughout the firm’s footprint and we will continue this strategy as we grow our branch in San Antonio.”
The San Antonio office is currently located at 800 E. Sonterra Blvd., Suite 280 and is expected to move to its permanent location at 401 E. Sonterra Blvd. in early 2009. The San Antonio office is the sixth full-service branch in Texas, with other offices in Austin, Dallas, Ft. Worth, Houston 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 "Platinum 400" 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 andservices can be found at www.regions.com.
Contact information:
Gail Rimer
Media Relations
Morgan Keegan & Company, Inc.
Phone: 901.524.4183
