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Press release from Business Wire

Morgan Keegan Hires Equity Research Analyst Michael Nemeroff

Tuesday, May 31, 2011

Morgan Keegan Hires Equity Research Analyst Michael Nemeroff15:51 EDT Tuesday, May 31, 2011 MEMPHIS, Tenn. (Business Wire) -- Morgan Keegan & Company, Inc. has announced that Michael B. Nemeroff has joined the firm as a managing director and senior equity research analyst following the enterprise software industry in Morgan Keegan's New York City office. Nemeroff was formerly a research analyst with Wedbush Securities in New York. "The enterprise software sector is a vital part of our overall technology research product and we are happy to have Michael join our team,” said Elkan Scheidt, director of Equity Research for Morgan Keegan. “Michael brings a significant depth of knowledge and understanding of the enterprise software and SaaS segments. His addition is a reinforcement of Morgan Keegan's efforts to build one of the strongest technology practices in the middle market." Nemeroff has covered the technology industry for over 15 years as an analyst for Wedbush, Credit Suisse First Boston and Lehman Brothers. He is a graduate of the University of Michigan and received his MBA from the University of Chicago Graduate School of Business. “Morgan Keegan has long made the technology industry a focus of our Equity Capital Markets business,” said Collie Krausnick, executive managing director and president of the firm's Equity Capital Markets division. “Michael's experience and expertise will only enhance the level and breadth of services we offer our clients.” Morgan Keegan's Equity Capital Markets division encompasses institutional sales, trading and research. The group has approximately 200 employees including sales people, traders and analysts working from institutional offices in Memphis, New York, Boston, Atlanta, Nashville, Houston and San Francisco. 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 arm of Regions Financial Corporation (NYSE: RF). Headquartered in Memphis, Tenn., Morgan Keegan serves individual and institutional investors in over 300 offices in 20 states. Additional information about Morgan Keegan and Regions — a member of the S&P 500 Index — can be found at www.morgankeegan.com and www.regions.com. Morgan Keegan & Co.Eric Bran, 901-524-4114Media Relations