Citi (C) Confirms Talks With Morgan Stanley (MS) On Brokerage Combo
More News related to C
- Citi Reaffirms Global Commitment with New Regional Leadership in Asia Pacific and EMEA
- Citi (C) And GE (GE) Couldn't Agree Over Price In An Effort To Sell Its Credit Card Business
- Active equity option families in first 30 minutes of trading according to Track Data are: C MSFT RIMM BAC
- Lear Reaches Agreement In Principle On Consensual Debt Restructuring
- Citi (C) Raising Credit Card Rates On Millions
More News related to MS
- Goodrich Petroleum to Present at Morgan Stanley Energy Conference
- Oceaneering to Present at the Morgan Stanley Energy Conference
- David Moenning's Daily State of the Markets: 7/1
- MUFG and Morgan Stanley Announce New Agreements to Strengthen Global Alliance
- Wall Street Firms Have Best Quarter Since Crisis (JPM, GS, MS, BAC)
Citi (NYSE: C) confirmed that the company is in discussions with Morgan Stanley (NYSE: MS) concerning a possible combination of the retail brokerage business operated under the Smith Barney name and the wealth management business operated by Morgan Stanley.
Citi said no definitive agreement has been reached, and no assurance can be given that any such agreement will be reached. Beyond this statement, Citi has no further comment at this time.
Related Categories
Hot ListMergers and Acquisitions
Rumors
Stocks Mentioned
+23.23
-3.31Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
