Goldman Sachs is doing the best of all the financials right now.
You can add Merrill Lynch to the list.
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https://online.wsj.com/article/SB120037913124290951.html?
Quote:
Merrill Gets $6.6 Billion Infusion
Merrill Lynch & Co. will issue $6.6 billion in preferred stock to a group that includes three longtime investors as the company seeks to firm up its capital standing in the wake of massive mortgage-related write-downs.
New York-based Merrill will sell preferred stock primarily to Korean Investment Corp., Kuwait Investment Authority -- both sovereign wealth funds -- and Japanese bank Mizuho Financial Group Inc. for $52.40 a share, equal to the three-day average closing price Friday. The stock will pay a 9% dividend.
Quote:
The Merrill investments come as the company has suffered dearly amid the credit crunch. It had mortgage-related write-downs of $8.4 billion in the third quarter, and a similar-sized write-down is projected for the fourth quarter. That period's results will be released Thursday.