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Morgan Stanley, Wachovia in talks about a possible deal, according to reports NEW YORK - Morgan Stanley and Wachovia Corp. are in talks about a possible combination as the investment bank tries to come up with ways to survive the ongoing credit crisis, according to media reports.
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U.K. Mortgage Giant HBOS in Merger Talks LONDON, Sept. 17 -- Britain's biggest mortgage lender, HBOS, severely bruised by the global credit crisis and facing concerns that it might collapse, was in merger talks Wednesday with Lloyds TSB.
Guilty plea in San Diego home loan fraud case SAN DIEGO - An Oceanside man has pleaded guilty to using the identities of other to obtain about $1.8 million in fraudulent home loans. Prosecutors said Wednesday that 63-year-old Robert Decker entered a guilty plea Tuesday in San Diego Superior Court.
After Hours: WaMu, Wachovia lead financials higher in late trading Washington Mutual Inc. is among the financial firms whose shares edge higher in late trading, with a surge in shares of the consumer-banking giant following a report that it has put itself up for sale.
Housing construction in United States plunges 6.2 per cent in August WASHINGTON - Construction of new homes and apartments in the United States fell to the weakest pace in 17 years in August, far more than expected, but lower mortgage rates and tax credits have given builders some glimmers of hope of a possible rebound.
Reports say investment bank Morgan Stanley and Wachovia in talks NEW YORK - Morgan Stanley and Wachovia Corp. are in talks about a possible combination as the investment bank tries to come up with ways to survive the ongoing credit crisis, according to reports.
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Housing construction plunges 6.2 pct. in August By MARTIN CRUTSINGER WASHINGTON -- Construction of new homes and apartments fell to the weakest pace in 17 years in August, far more than expected, but lower mortgage rates and tax credits have given builders some glimmer of hope of a possible rebound.
More funds needed for English learners in Nevada, report says LAS VEGAS - A new report says Nevada isn't investing enough in instruction for English-language learners to meet the changing needs of a growing number of students.
NG posts P1.7-B surplus in August The National Government NG reported a budget surplus of P1.7 billion in August, narrower than the P13.9-billion surplus recorded in the same period last year, Finance Secretary Margarito Teves said yesterday.
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Strange odor lingering in downtown Indy Dozens of people called 24-Hour News 8 Wednesday morning to report a strange smell lingering in several downtown buildings. News 8 tried to sniff out the cause of the smell.
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