- New ETFs
- Bond ETFs
- Currency ETFs
- Emerging Market ETFs
- Commodity ETFs
- Broad U.S. Equity ETFs
- Sector ETFs
- Specialty ETFs
JPMorgan (JPM) Not Buying RBS Sempra’s North American Operations
Recent Articles by Ed Liston
- Regulators Failed During The Financial Crisis Due To Complacency; Alan Greenspan (JPM)
- Court Asks Fed To Disclose Records Of $2 Trillion U.S. Loan Program Launched After Lehman Collapse (OPY)
- Boeing (BA) Plans To Raise Production Of 777s And 747s Sooner-Than-Expected
- Metabolix, Inc. (MBLX) Maintains Market Weight Rating
- Pressure Mounts On EU To Create A System To Handle Failure Of Large Banks
Company News
- Tiffany Reports Earnings Monday Morning (TIF)
- Carl Icahn Makes Hostile Takeover Bid For Lions Gate Entertainment (LGF)
- Ex-Cadbury Executive To Head Kraft’s Confectionery Unit (KFT)
- Morningstar Acquires Realpoint LLC (MORN)
- Pfizer Eyes German Drug Maker Stada (PFE, TEVA)
Wall Street Journal
- Pressure Mounts On EU To Create A System To Handle Failure Of Large Banks
- New York Attorney General Investigating “Manipulation” Of Government Workers’ Salaries
- European Markets Receive A Boost From Bank Stocks (LYG, CS)
- Greece Is Not Seeking Financial Aid From Either EU Or IMF; George Papandreou
- Senators Introduce Bill To Force Obama Administration To Take Action Against China’s Currency Policy
Markets
- Carter Worth Says Best Buy Losing Momentum (BBY)
- Icahn Offers To Purchase All Outstanding Shares Of Lions Gate (LGF)
- Biotech Stock Mailbag: Generex (PFE, MNKD)
- VIX Lurching Higher Off Historical Support On Greece Worries (VIX)
- Apple Is Hoping To Have Apps For That (AAPL)
M&A
- Carl Icahn Makes Hostile Takeover Bid For Lions Gate Entertainment (LGF)
- Morningstar Acquires Realpoint LLC (MORN)
- Pfizer Eyes German Drug Maker Stada (PFE, TEVA)
- Carl Icahn Offers To Purchase All Outstanding Shares of Lions Gate
- Coca-Cola In Talks To Buy Russian Juice Company (KO, PEP)
Media
- Jim Cramer's Lightning Round Picks (APD, WEN, MCD, TSRA, VSI, VITC, PTV, IP, STXS, ABT, NMM, ATPG, GMCR)
- Fast Money Picks For March 22nd (MHS, CVS)
- Pressure Mounts On EU To Create A System To Handle Failure Of Large Banks
- Lowe’s (LOW) Could See Faster Growth Than Rival; Barron’s
- Dr Pepper (DPS) Pouring Out Sweet Returns For Investors; Barron’s
Posted on 02/01/10 at 9:30am by Ed Liston
JPMorgan (NYSE: JPM) will not buy RBS Sempra’s North American operations, according a report by the Wall Street Journal. The decision has been taken after the new proposal announced by the US president that would restrict institutions to either commercial banking or proprietary trading.
However, JPMorgan remains in talks with RBS Sempra for its metal business and the European oil, gas and power divisions. RBS Sempra, which is a joint venture between Royal Bank of Scotland (ADR) (NYSE: RBS) and Sempra Energy (NYSE: SRE), is being advised by Lazard Ltd (NYSE: LAZ) for the sale.
RBS Sempra has garnered strong interest since the European Union ordered Royal Bank of Scotland to sell its 51% stake in the company as a condition to receiving state aid to bail itself out from the financial crisis.
Bookmark/Search this post with:
Related Articles
Today's Trading Ideas
Featured Articles
There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.
Post new comment
Receive Benzinga's Best 2010 Stock Idea!
