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18.09.2008 - Wall Street banks' shares slide

Shares in two US banking giants have slumped on Thursday as investors continue to worry HBOS in merger talks with Lloyds ...
Talks over Lehman due to resume ...
Macau family feud delays listing ...
about the turmoil in the global financial markets.

Shares in Morgan Stanley - America's second-largest investment bank - fell 21%, while Goldman Sachs tumbled 13%.

The Czech Republic news are represented by www.prague-pensions-hotels.com


Analysts fear the investment banks may not be able to stand alone as independent firms.
The world's biggest central banks earlier pumped billions of dollars into markets to try to calm investor nerves.

(BBC)


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