Mitsubishi UFJ Takes 21% Stake In Morgan Stanley As Spain’s Santander Moves On Sovereign | Finance — paidContent

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Mitsubishi UFJ Takes 21% Stake In Morgan Stanley As Spain’s Santander Moves On Sovereign

By: DailyMarkets.com

Morgan Stanley (MS) announced yesterday (Monday) that it closed its long-awaited deal with Mitsubishi UFJ Financial Group (MTU), giving Japan’s largest financial group a 21% stake in the beleaguered U.S. investment bank. Meanwhile, Sovereign Bancorp Inc. (SOV) confirmed last night that it has agreed to be bought out by Spain’s Banco [...]

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Banco Santander S.A. ADS Bank of America Corp. JPMorgan Chase & Co. Liberty All-Star Equity Fund Mitsubishi UFJ Financial Group Inc. ADS Moodys Corp. Morgan Stanley NY HARB UNLD GAS CS Sovereign Bancorp Inc. Wells Fargo & Co.

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