Stifel is the Last One Standing to Buy Morgan Keegan

Stifel Financial Corporation is the last firm remaining to be in the bidding for the beleaguered Morgan Keegan brokerage unit of Regions Financial Corporation, according to Investment News. Apparently the other potentially interested parties, (1) the Carlyle Group and Blackstone Group LP and (2) the Aquiline Capital Partners LLC and Thomas H. Lee Partners LP, were dropped from the discussions by parent company Regions.

If a deal is cut between Stifel and Regions for the Morgan Keegan unit, it would bring together two of the biggest regional brokerage firms, with over 3,000 financial advisers.

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