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Article: Investment banks remain unlikely takeover targets DEALTALK
- Article from:
- International Herald Tribune
- Article date:
- May 30, 2008
- Author:
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Paritosh Bansal Reuters
International Herald Tribune
05-30-2008
Investment banks remain unlikely takeover targets DEALTALK
Byline: Paritosh Bansal Reuters
Edition: 1
Section: FINANCE/BUSINESS
NEW YORK --
A report that one of the largest U.S. investment banks could be taken over was met with a yawn from investors last week, signaling how unlikely one of these deals is despite pressure for the industry to merge.
Investment banks are suffering from rising credit losses and doubts about their capital strength, leading some analysts and industry officials to forecast they will merge with commercial banks, which are seen as having strong balance sheets.
But there are good reasons for the top four ...