Capitalia power struggle resumes

Capitalia power struggle resumes - Capitalia's internecine struggle resumes Thursday when the board meets to hear again controversial plans to reorder the Rome bank's corporate governance. [Financial Times - Financial Services]

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JPMorgan buys Bear Stearns for $2 a share

JPMorgan buys Bear Stearns for $2 a share - JPMorgan Chase agreed to buy Bear Stearns, the stricken US investment bank, for $236m in shares as the Fed announced two further emergency moves aimed at stabilising financial markets [Financial Times - Financial Services]