Morgan Keegan Beefs Up Its Investment Banking Team

It isn’t easy finding rays of sunshine amid the gloom in today’s headlines, but Morgan Keegan, one of the nation’s largest regional full-service brokerage and investment banking firms, has announced the hiring of nine municipal banking, sales and trading professionals in the Northeast, the second expansion in that market in just over a year.

The firm has tapped executives from UBS Investment Bank, JP Morgan Securities, Morgan Stanley, Bank of America Securities and the former Bear Stearns & Company to strengthen its New England team, according to a company-issued news release.

Morgan Keegan’s Fixed Income Capital Markets division is one of the largest institutional fixed income operations off of Wall Street. The division encompasses more than 500 professionals in bond research, sales, trading, underwriting and investment banking. Morgan Keegan was also the 11th leading senior manager of long term municipal issues in the nation in 2007, according to Thomson Reuters.

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