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PE firms cringe at Firstsource price tag
Private equity firms are starting to team up to bid for a $400 million stake in India's Firstsource Solutions, sources familiar with the matter say, amid concerns that the price of the deal is too high. Full Article
Fed moves to broker deal for Wachovia
The Federal Reserve is brokering discussions between Wells Fargo and Citigroup over which of the banks will buy Wachovia's assets, people familiar with the matter say. Full Article
Hedge funds gird for SEC disclosure fight
Hedge funds are preparing for a fresh battle with U.S. regulators, who want to make large investors reveal their bearish stock bets on a regular basis. Full Article
Governments act to stem crisis
More European governments followed Germany's lead offering guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in 80 years. Full Article
Wells' "serial acquirer" goes out with a bang
Richard Kovacevich, Wells Fargo's self-confessed "serial acquirer" chairman, who is due to retire later this year, is going out with a bang. Full Article
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Tokyo exchange eager to trade CO2, awaits policy
TOKYO (Reuters) - The world's second-largest stock market is poised to invest hundreds of millions of dollars on a carbon trading platform but is awaiting a clear policy on emissions trading from the Japanese government. Full Article
