NEW YORK, Oct. 13 (UPI) -- Morgan Stanley says it has closed a deal for Japan's Mitsubishi UFJ, the world's second largest bank, to acquire 21 percent of the U.S. financial firm.
WASHINGTON, Oct. 11 (UPI) -- Renegotiation may be in the works for a proposed $9 billion investment into struggling Wall Street firm Morgan Stanley by a Japanese bank, sources say.
BEIJING, Oct. 7 (UPI) -- Some of the Wall Street professionals let go in the U.S. financial crisis may soon be working for Chinese financial houses.
WASHINGTON, Sept. 22 (UPI) -- The U.S. Federal Reserve ended an era on Wall Street Sunday, agreeing to allow two investment banks to change structure to become bank holding companies.
NEW YORK, Sept. 21 (UPI) -- Once-hot merger discussions between ailing U.S. financial giant Morgan Stanley and retail banker Wachovia Corp. have slowed, sources say.
NEW YORK, Sept. 19 (UPI) -- News of the federal government's plan to turn around Wall Street's downturn sent U.S. stock indexes soaring Friday.
WASHINGTON, Sept. 18 (UPI) -- The U.S. Federal Reserve moved to keep financial streams from choking Thursday, expanding swap lines to allow banks to borrow at lower rates.
LONDON, Sept. 15 (UPI) -- Major banks in Europe said they were prepared to intervene to stabilize markets in the wake of the financial upheaval on Wall Street.
CHARLOTTE, N.C., Sept. 15 (UPI) -- U.S. retail banking giant Bank of America says it acquired ailing Wall Street financial firm Merrill Lynch in a $50 billion stock deal.
TOKYO, March 17 (UPI) -- The Japanese government failed to name a candidate for governor of the Bank of Japan Monday, two days before the current bank governor is set to depart.
NEW YORK, March 17 (UPI) -- J.P. Morgan's $2 a share purchase of troubled Bear Stearns over the weekend came with the aid of $30 billion in financing from the U.S. Federal Reserve.
TOKYO, March 17 (UPI) -- Japanese markets fell hard Monday on the fire sale of Wall Street investment bank Bear Stearns Co. and the dollar's further weakening against the yen.
NEW YORK, March 16 (UPI) -- J.P. Morgan Chase & Co. reached agreement to buy Bear Stearns Cos. for $2 a share, The Wall Street Journal reported Sunday.
NEW YORK, March 14 (UPI) -- Bear Stearns could not meet obligations Friday until a dramatic move kept the Wall Street investment bank afloat.
NEW YORK, Nov. 30 (UPI) -- Morgan Stanley has ousted Zoe Cruz, its co-president and heir apparent and one of the highest-ranking women on Wall Street, in the credit crisis aftermath.
