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Tag Archives: Zacks Equity Research

Regions: Morgan Keegan sale lowers bank's ‘overall risk profile’

Regions Bank – Mississippi’s market leader — won’t be making a big payment to the Troubled Asset Relief Program, or TARP, with the $1.18 billion it is to gain through the pending sale of the Morgan Keegan investment brokerage. But the liquidity that the Birmingham bank’s holding company, Regions Financial, will gain from the sale of Morgan Keegan to Raymond ...

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