United States

Joseph Giannone

Raymond James to buy brokerage Morgan Keegan

Jan 12 2012

Raymond James Financial Inc said on Wednesday it agreed to acquire Southeast investment bank and brokerage Morgan Keegan from Regions Financial Corp for $930 million in stock, concluding a drawn-out auction for the unit.

World News

Death toll in Baghdad attack rises to 23

The death toll in an attack by armed men at Baghdad's main protest site on Friday night rose to 23 on Saturday, police and medical sources said, the deadliest incident to hit the capital in weeks.