By Matthias Rieker Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–In banking circles, convergence speak is back. Mergers between investment banks and commercial banks had become rare until JPMorgan Chase & Co. (JPM) purchased Bear Stearns, but falling profits and tougher funding have injured Lehman Brothers Holdings Inc. (LEH), Morgan Stanley (MS), Merrill Lynch & […] For more visit Source:www.investment-blog.net

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This entry was posted on Tuesday, August 19th, 2008 at 5:13 pm and is filed under Investment News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.