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October 12, 2008 10:59:23 PM CDT

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Stories related to: capital

Stories

7 Stories

  • October 2008

    • Morgan in Talks to Keep Critical Mitsubishi Money

      New York Times  |  4 hours, 40 minutes ago

      Morgan in Talks to Keep Critical Mitsubishi Money

      (Newser) - Morgan Stanley scrambled today to keep an investment from a major Japanese bank as Wall Street held its breath, the New York Times reports. Japan’s Mitsubishi UFJ Financial Group agreed last month to invest $9 billion, but wants better terms after Morgan's market value plunged last week. The talks are so market-vital that Japan and the Treasury are both involved. More »

  • September 2008
  • June 2008

    • Industry Shakeout Clips Hedge Funds

      Wall Street Journal  |  Jun 17, 08 3:22 AM CDT

      Industry Shakeout Clips Hedge Funds

      (Newser) - A massive shakeout is transforming the world of hedge funds, the Wall Street Journa l reports. Tougher market conditions mean smaller funds are merging or closing their doors, and new ones are facing difficulty getting started. The business, which mushroomed from a few hundred firms to 8,000 over a decade, is increasingly dominated by "goliath" funds managing over $5 billion in assets. More »

      Tags

      hedge fund  • financial markets  • investment  • capital  • asset management  • capital markets

  • May 2008

    • Credit Agricole Hoping to Raise $9B

      Wall Street Journal  |  May 13, 08 6:25 AM CDT

      Credit Agricole Hoping to Raise $9B

      (Newser) - Subprime losses at Crédit Agricole’s Calyon investment bank are likely to prompt the French company to raise $9.17 billion in capital, reports the Wall Street Journal. A hit of $1.87 billion reduced its first quarter net profit to $1.38 billion from $1.82 billion the previous year. The bank, whose shares were down 5% this morning in Paris, will decide tomorrow whether to move forward with the capital boost. More »

      Tags

      France  • subprime crisis  • Europe  • capital

  • December 2007

    • Merrill Deal Yields $6.2B in Capital

      Wall Street Journal  |  Dec 24, 07 1:07 PM CST

      Merrill Deal Yields $6.2B in Capital

      (Newser) - With another quarter of massive writedowns looming, Merrill Lynch today announced a deal to raise up to $6.2 billion by selling discounted stock to two investors. Up to $5 billion will come from Temasek Holdings, Singapore's state-owned investment company. The other $1.2 billion comes from money managers Davis Selected Advisors, the Wall Street Journal reports. More »

      Tags

      subprime mortgages  • Wall Street  • Merrill Lynch  • Singapore  • stock price  • capital

  • March 2007

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