Examine the Morgan Stanley merger or acquisition

Examine the Morgan Stanley merger or acquisition

Turmoil in financial markets more to worsen. This is related to the news that one of the leading investment banks in the world, Morgan Stanley, began searching for the rescue. That happened after Tuesday (16 / 9) price of the shares up to 24 percent.

According to the CNBC business network, one of the two independent investment banks in the U.S. are negotiating to sell the shares to CITIC (China Investment Corporation). Now CITIC punya9, 9 percent of the shares Morgan Stanley. China BUMN investment that refuse to comment.

New York Times newspaper had reported that Morgan Stanley in the early stage of exploring merger with Wachovia Corporation. These people who do not want his name mentioned, The Times wrote that Wednesday night (18 / 9) Morgan Stanley CEO John Mack received a phone call from wachovia states interested mergers. “They are still the early stages, and there is no agreement, "write the newspaper.

Meanwhile, CNBC resources strong in the U.S. and China without expanding their identity completely that China CITIC Bank are discussing negotiations for the maker Morgan Stanley. However, CNBC stressed that so far there has been no agreement.

To CNBC, a source said yesterday that the U.S. Federal Reserve (the Fed) to support investment to China a number of financial institutions in the U.S.

Not only that, other U.S. financial giant, Washington Mutual Inc.. (W.M.N), also explored the asset-sale plan assets. It occurs as a result of losses due to mortgage, financial institution based in seattle rent has been reported that Goldman Sachs & Co. and Morgan Stanley to arrange an auction or find potential buyers. Among them, Citigroup Inc.., HSBC Holdings plc., JPMorgan Chase & Co. and Wells Fargo & Co..

Analysts estimate the time since the credit crisis will force financial institutions (lenders) fall into the hands of the weak rivalnya stronger.Sales of Washington Mutual, the largest bank in the U.S., widely predicted.

"All things in the world pebankan start the day-to-day sold recently," says Ralph Cole, portfolio manager Ferguson, Wellman Capital Management in Portland, Oregon.


** Source JP, 19/9/2008 **

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