
Brothers ( LEHMQ.PK ) strikes a deal to buy the 26.5% stake it doesn't already own in apartment giant Archstone from BofA ( BAC ) and Barclays ( BCS ) for $1.58B, WSJ reports, ending the high-stakes chess game between Lehman and Sam Zell
Corp on T hursday sold $9.8 billion of senior notes in six parts, said IFR, a Thomson Reuters service. Bank of America Merrill Lynch , HSBC and JP Morgan were the active joint bookrunning managers for the sale. BORROWER: UNITED TECHNOLOGIES
NEW YORK (Reuters) - Challenges by Bank of America Corp and Societe Generale to the 2009 restructuring of bond insurer MBIA represent the ultimate in "chutzpah," an attorney for MBIA said on Thursday.
By Matt Schilling : Let me start off by saying my confidence in the Big Banks is wearing very thin. From Bank of America 's ( BAC ) calling out of JPMorgan Chase ( JPM ) over who happens to be the smarter bank when it comes to derivatives
By The Independent Investor : Wow, just a year ago Jamie Dimon was the White House's poster for good management. Today, with JPMorgan's ( JPM ) nearly 2 billion dollar loss already made public, and many analysts already projecting the loss has grown to between 6-7 billion dollars, with the ...
PPG Industries ( PPG +1.6% ) gains on an upgrade to Buy on valuation at BofA /Merrill, citing reduced raw material cost pressures, potential for margin expansion and share gains. Post your comment!
Wednesday sold $1.0 billion of global notes, said IFR, a Thomson Reuters service. HSBC, JP Morgan, Bank of America Merrill Lynch , and Nomura were the joint bookrunning managers for the sale. BORROWER: SWEDISH EXPORT CREDIT CORP AMT
By Cris Frangold : The major banking institutions in the U.S have experienced several twists and turns recently. The mortgage lawsuits and the emergence of a new rule requiring the banks to show how they would Complete Story »
not-so-nice news over the past few years regarding the big banks like JPMorgan Chase (NYSE: JPM ) and Bank of America (NYSE: BAC ), I decided about two years ago that I didn't want anything to do with them, and I moved my banking services
billion. Barclays current holdings represent a 19.6% ownership interest in BlackRock. Barclays, Morgan Stanley , and Bank of America will jointly oversee the sale of shares. This is a mammoth deal between two large financial institutions. Pricing terms