Mitsubishi UFG will buy up to 20% stake in Morgan Stanley - 24.09.2008 The world's largest bank Mitsubishi UFG Financial Group Inc. (MUFG) will acquire up to 20% stake in Morgan Stanley. The amount of the transaction could amount to about ¥900 bn ($8.38 bn).
Rothschild family sells stake in French arm to Bank of China - 19.09.2008 The Bank of China has today struck a co-operation agreement with the French arm of LCF Rothschild and taken a 20% stake in the private banking and asset management unit, in what it claims is the first strategic investment by a Chinese bank in a eurozone rival.
Investbanks affected by the crisis of the banking system in U.S. - 16.09.2008 Lasted three days of negotiations leading U.S. and global banks with U.S. authorities about the fate of Lehman Brothers ended quite suddenly. British Barclays, the main contender for Lehman, abandoned the deal because U.S. authorities refused to provide financial support.
