Chrysler and Italian carmaker Fiat have announced a partnership, but Fiat won't be helping by injecting the Detroit automaker with cash. Steve Chiotakis talks to Ashley Milne-Tyte, who is following the story.
With Bank of America seeking more TARP money to ease acquisitions of smaller competitors, can we expect banks such as J.P. Morgan Chase and Wells Fargo to request more bailout funds as well? Mitchell Hartman reports.
Citigroup's deal to spin off brokerage firm Smith Barney seems to be the company's first step in selling off businesses and assets that are pulling down the financial services giant. And Citi's deconstruction could lead to more consolidation. Steven Henn reports.
Chrysler is under pressure to sell off assets after its $4 billion bailout loan from the U.S. government. The automaker is said to be in talks with Renault-Nissan, which Renault-Nissan denies. Stephen Beard reports.
On the heels of its brokerage merger announcement, Citigroup is also expected to sell off several financial services to counter a potential $10 billion loss. Jeremy Hobson reports what the bank might be shedding.
Citigroup is expected to announce a deal to merge its brokerage house, Smith Barney, with Morgan Stanley. Inside sources say a deal is likely by the middle of the week. Jeremy Hobson reports.
The credit markets may be stiff, but there's always money somewhere for mergers. And though they may not be the high-priced ventures of 2008, companies can still benefit from deals in the new year. Jill Barshay reports.
Investors looking for opportunity in a distressed market can find it in cheap company debt. But buyer beware: Something put that company into trouble to begin with, and it's wise to understand what. Mitchell Hartman reports.
The credit crisis foiled about 1,300 mergers this year, worth a total of about $900 billion. Investment bankers were hurt by the failed deals, but Stephen Beard reports this could help them get a strong leg up for 2009.
