Italian carmaker Fiat is in talks with banks about a capital increase to purchase out the remaining 41.5 percent of Chrysler, a person familiar with the plan said."Nothing has been decided yet, but it could come very soon," said the person, adding that no mandate had been given so far.An unsourced report in Il Messaggero on Friday said Fiat was sounding out UniCredit, Morgan Stanley, Bank of America and Goldman Sachs about the possibility of raising between 1 and 2 billion euros ($1.3-$2.6 billion).Fiat declined to comment.
Bank of America Corporation (Bank of America) is a bank holding company, and a financial holding company. Shares of BAC remained unchanged at $10.54. In the past year, the shares have traded as low as $4.92 and as high as $10.71. On average, 152838000 shares of BAC exchange hands on a given day and today's volume is recorded at 0.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS remained unchanged at $17.80. In the past year, the shares have traded as low as $12.26 and as high as $21.19. On average, 20187100 shares of MS exchange hands on a given day and today's volume is recorded at 0.
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