Market Chatter -- Corporate finance press digest

Fri Jul 25, 2008 7:57am BST
 
Email | Print | | Single Page
[-] Text [+]

(Adds HBOS)

LONDON, July 25 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media on Friday.

* U.S. investment bank JP Morgan (JPM.N: Quote, Profile, Research) and National Australia Bank (NAB.AX: Quote, Profile, Research) have held talks about forming a consortium to break up British bank HBOS (HBOS.L: Quote, Profile, Research), the UK's Telegraph newspaper reported.

* Two private equity firms are considering investments in BankUnited Financial Corp (BKUNA.O: Quote, Profile, Research), weighed down by a huge portfolio of adjustable-rate mortgages, the Wall Street Journal said on Friday, citing people familiar with the situation.

For Deals of the Day, click on [nSP344109] (Reporting by Douwe Miedema; Editing by Louise Ireland, Paul Bolding)

 

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters UK

  • Articles
  • Videos
  • Searched
  • Recommended