Morgan Stanley, Mitsubishi Say "I Do"
A collective sigh of relief just went up in the narrow boulevards of lower Manhattan - and it’s not just because the Federal Reserve said it will lend out unlimited amounts of dollars to help prop up the global financial system: Morgan Stanley (MS) managed to secure its capital infusion from Japan’s largest bank Mitsubishi UFJ Financial Group (MTU). Just weeks ago when the transaction was first announced Mistubishi’s agreed to hand over $9 billion for a 20% stake in the storied Wall Street firm. But during the market’s train wreck last week shares of Morgan Stanley sunk below ...
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here