US investment bank JP Morgan Chase is reportedly in talks to raise its offer to buy Bear Stearns.
Added: 2008-03-24
JP Morgan 'in talks to raise Bear Stearns bid'
Category: varial newsLaurence Booth on England's victory in the second test
Laurence Booth reports from Old Trafford on England's surprise victory in the second test
Shares in the US investment bank plunged after it said it had arranged for emergency funding from JPMorgan Chase and the New York Fed because its liquidity position had 'significantly deteriorated'
Bradford & Bingley chairman apologises for bank's 'misjudgment'
Bradford & Bingley chairman Rod Kent has apologised for the bank's "misjudgment" in buying damaging credit market derivatives that have cost it more than £300m.