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Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. , the biggest independent U.S. investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson 's plan to buy stakes in financial institutions, investors said ...
Read moreMorgan Stanley, Goldman May Gain Investment From U.S. Treasury - Bloomberg
BEIJING (AP) - China's Ping An Insurance Co. said Monday it will record a $2.3 billion loss on its stake in troubled European bank Fortis NV, in the biggest blow yet to a Chinese institution from the global credit crisis. Ping An, one of China's ...
Read moreChinese insurer to record $2.3B loss on Fortis - MSN MoneyCentral
Oct. 4 (Bloomberg) -- Treasury Secretary Henry Paulson is hiring as many as 10 asset-management companies to join the lawyers and bankers he is recruiting to kickstart the government's new $700 billion bank-rescue program. The Treasury began ...
Read moreTreasury to Hire Asset Management Firms to Jumpstart Rescue - Bloomberg
WASHINGTON (AP) - The Treasury Department moved swiftly Monday to implement the financial rescue package, edging closer to naming who will oversee spending the $700 billion earmarked for the plan and pledging to work with other countries to calm ...
Read moreOfficials pledge to move quickly on rescue - MSN MoneyCentral
Oct. 6 (Bloomberg) -- Bank of Nova Scotia, Canada's third- biggest bank, agreed to buy Sun Life Financial Inc.'s stake in money manager CI Financial Income Fund for C$2.3 billion ($2.1 billion), the biggest acquisition in the bank's 176-year history ...
Read moreScotiabank Pays C$2.3 Billion for CI Financial Stake (Update5) - Bloomberg
Coughlin Stoia Geller Rudman & Robbins LLP ("Coughlin Stoia") (http://www.csgrr.com/cases/morgankeeganco/) today announced that several class action lawsuits have been commenced in the United States District Court for the Western District of ...
Read moreCoughlin Stoia Geller Rudman & Robbins LLP Files Class Action Suit ... - Forbes
DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (NYSE: DRP) declared a distribution of $0.08 per share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly ...
Read moreDWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (DRP ... - Forbes
BOSTON (Reuters) - Large U.S. asset managers with strong fixed-income records, such as BlackRock Inc , PIMCO and Trust Company of the West, are seen as favored to oversee the U.S. government's $700 billion financial rescue fund. For these and other ...
Read moreBlackRock, big funds seen winning U.S. bailout job - MSN MoneyCentral
TOKYO (Reuters) - Japan's Nikkei average fell 2.1 percent to a five-year low on Tuesday as panic over the global financial crisis prompted investors to dump stocks. The benchmark had fallen more than 5 percent in the morning but trimmed those losses ...
Read moreCrisis drives Nikkei down 2.1 percent to 5-year low - Reuters
- Coughlin Stoia Geller Rudman & Robbins LLP ("Coughlin Stoia") ( www.csgrr.com/cases/morgankeeganco/ ) today announced that several class action lawsuits have been commenced in the United States District Court for the Western District of Tennessee ...
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