TITLE

Capital Gem May Lie in Crisis Rubble

AUTHOR(S)
Monks, Matthew
PUB. DATE
March 2010
SOURCE
American Banker;3/10/2010, Vol. 175 Issue 37, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses a thriving market for bank warrants in the U.S. Warrants obtained by the U.S. Treasury Department from banks including J. P. Morgan Chase & Co. and Bank of America Corp. amid a financial industry bailout have met with strong demand at auction. Consequently, in the future banks could sell warrants directly to investors as a means of raising capital.
ACCESSION #
48584215

 

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