Posted AT 6:43 PM EST on 17/09/08
Morgan Stanley, Wachovia in talks
NEW YORK — Morgan Stanley, which saw its stock pummelled Wednesday on worries it may not survive the credit crunch as a broker-dealer, is considering merging with Wachovia Corp., or another commercial bank, according to reports.
Morgan Stanley chief executive officer John Mack received a call on Wednesday from Wachovia, the fourth-largest U.S.
The full text of this article has 393 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
