Financial Briefs

Breaking financial news from Wall Street to Main Street

Mitsubishi UFJ to Invest Up to $8.4 Billion in Morgan Stanley

Posted by financialbriefs on September 22, 2008

 Mitsubishi UFJ Financial Group Inc. will invest up to 900 billion yen ($8.4 billion) for as much as a fifth of Morgan Stanley, the U.S. securities firm seeking capital following the collapse of Lehman Brothers Holdings Inc.

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