Thursday, September 18, 2008

So now is only Goldman… must be lonely

Morgan Stanley in talks as fear grips financials

Morgan Stanley topped the list of major financial services firms scrambling to sell themselves as fear gripped global credit and stock markets, leaving the Russian bourse paralysed for a second day. Morgan Stanley was discussing a deal with U.S. regional banking powerhouse Wachovia, according to a source familiar with the matter, while CNBC said HSBC Holdings and China's CITIC Group were also eyeing the venerable Wall Street firm.

Posted by peter_2008 @ 09:36 AM (456 views)
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