Raymond James to Purchase Morgan Keegan From Regions
St. Petersburg, Fla.-based Raymond James Financial said on Jan. 11 that it would buy Memphis-based Morgan Keegan from Regions Financial in a $930-million stock transaction.
Raymond James to Buy Morgan Keegan for $930 Million
The final purchase price is tied to the retention of advisors, while the overall deal includes special provisions related to legal issues and costs.
Morgan Keegan Agrees to Pay $210M Fine; Could Be Sold by Parent Firm
After a big fine relating to mortgage-backed securities, Regions Financial brings on Goldman Sachs to explore "strategic alternatives" for the broker-dealer.
DEMYSTIFYING THE FED
Ancient Romans examined entrails for omens; the Chinese threw the I Ching. Throughout history, tea leaves, smoke, birds, clouds, cakes and candles have served as...