The collapse of MF Global may be jeopardizing the deal to buy Regions Financials' (RF) Morgan...

|About: Regions Financial Corporation (RF)|By:, SA News Editor

The collapse of MF Global may be jeopardizing the deal to buy Regions Financials' (RF) Morgan Keegan brokerage unit. Buyout firms reportedly lowered bids by at least $200M after financing markets deteriorated and MF Global filed for bankruptcy. Regions is among the biggest U.S. banks that have yet to repay TARP money, and a sale is seen as a key toward repayment.