The American government will try to improve the confidence in the American bank system.
The government will report that it is interested in different banks, such as Goldman Sachs Group Inc, Morgan Stanley, JP Morgan Chase & Co, Bank of America Corp, Merrill Lynch, Citigroup Inc, Wells Fargo & Co, Bank of New York and State Street Corp.
The Ministry of Finance will buy stakes from Bank of America, Citigroup and JP Morgan for 36 milliard euros and it will also invest 28 milliard euros in Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York and State Street Corp.
By investing in big banks at the same time the government hopes to prevent a stigmatization of a financial institution that needs help from the government and therefore the government will invest 183 milliard euros in thousands of banks.
The government will report that it is interested in different banks, such as Goldman Sachs Group Inc, Morgan Stanley, JP Morgan Chase & Co, Bank of America Corp, Merrill Lynch, Citigroup Inc, Wells Fargo & Co, Bank of New York and State Street Corp.
The Ministry of Finance will buy stakes from Bank of America, Citigroup and JP Morgan for 36 milliard euros and it will also invest 28 milliard euros in Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York and State Street Corp.
By investing in big banks at the same time the government hopes to prevent a stigmatization of a financial institution that needs help from the government and therefore the government will invest 183 milliard euros in thousands of banks.
Adia Nabirova
Source: www.hln.be
1 opmerking:
The American government will try to improve the confidence in the American bank system.
The government will report that it is interested in different banks, such as Goldman Sachs Group Inc, Morgan Stanley, JP Morgan Chase & Co, Bank of America Corp, Merrill Lynch, Citigroup Inc, Wells Fargo & Co, Bank of New York and State Street Corp.
The Ministry of Finance will buy stakes from Bank of America, Citigroup and JP Morgan for 36 milliard [billion] euros and it will also invest 28 milliard [bn] euros in Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York and State Street Corp.
By investing in big banks at the same time the government hopes to prevent a stigmatization of a financial institution that needs help from the government and therefore the government will invest 183 milliard [bn] euros in thousands of banks.
Good flow, good use of the same subject. Mind: billion = miljard
olaf
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