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Rating:Wachovia and Morgan Stanley Marriage No More Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 24, 2008

Wachovia and Morgan Stanley Marriage No More

by: Erin Kello

Wachovia and Morgan Stanley have reportedly ended their merger talks. Reuters reports that the two companies have officially ended it following Morgan's stabilization by converting to a bank holding company and accepting an investment from Mitsubishi UFJ Financial Group earlier this week. Morgan Stanley owns Morgan Stanley Investment Management and Van Kampen Investments. Wachovia owns Evergreen Investments. 

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