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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Regions Financial Corp.

Morgan Keegan advisors compare Raymond James to other recruiting options

Posted by RJ and Makay on Jan 17, 2012

>> Read More RJ & Makay Blog Posts

RecruitmentRaymond James Financial Inc. announced yesterday that it would acquire Morgan Keegan brokerage from Regions Financial Corp. for $930 million.  As part of the deal, Morgan Keegan will pay a $250 million divided to Regions, bringing the total transaction to $1.8 billion.  The acquisition will create one of the largest wealth management and investment banking firms away from Wall Street.