LONDON/KUALA LUMPUR (Reuters) - Governments across the world moved on Monday to shore up confidence in the global banking system with a slew of bank bailouts worth hundreds of billions of dollars.
NEW YORK (Reuters) - Japan's Mitsubishi UFJ Financial Group, which has watched Morgan Stanley's share price plunge 58 percent last week, is seeking more favorable terms to its $9 billion deal, a person briefed on the matter said.
NEW YORK (Reuters) - Spain's Banco Santander SA was in advanced talks late Sunday to acquire full control of Sovereign Bancorp Inc, the largest remaining U.S. savings and loan, a source familiar with the matter said.
LONDON (Reuters) - Three major British banks could take 37 billion pounds ($64 billion) in government money to boost their capital, the UK Treasury said.
WASHINGTON (Reuters) - The Federal Reserve on Sunday gave its stamp of approval to the takeover of Wachovia Corp by Wells Fargo & Co of San Francisco, which had battled New York-based Citigroup for ownership of the wounded bank.