Tag Archives: J.P. Morgan

TARP pressure behind Regions putting Morgan Keegan up for sale

June 27, 2011

1 Comment

By Ted Carter You can toss out public relations as a reason Regions Financial, parent of Regions Bank, wants to get rid of wayward brokerage and investment banking subsidiary Morgan Keegan. It comes down to money – specifically the $3.5 billion the Birmingham-based Regions still owes the U.S. Treasury’s Troubled Asset Relief program, analysts say. […]

Continue reading...