Filed under: Rumors, Citigroup Inc. (C), Charles Schwab Corp (SCHW), Merrill Lynch (MER)Charles Schwab (NASDAQ: SCHW) has a market cap of more than $27 billion. Merrill Lynch's (NYSE: MER) is only $48 billion. That does not put much value on all of the Merrill businesses beyond its individual investor brokerage network. Because of metrics like that, there is speculation that both Merrill and Citigroup (NYSE: C), which owns Smith Barney, might do partial IPOs of their brokerage operations. It could do something for the shareholders of the companies. The institutional trading units of the big financial houses are dragging their value down. The mortgage-backed securities problems could keep it that way for some time.
"It is an obvious thing for them to do. The shares in the brokerage bus
Related Headlines
- Hottest Products of 2007: 'Halo 3' comes out firingposted 836 weeks ago on BloggingStocks
- Hottest Products of 2007: Second Life offers virtual fulfillmentposted 836 weeks ago on BloggingStocks
- Some CEOs (WB) actually believe in their own companyposted 836 weeks ago on BloggingStocks
- Wall Street turkeys get pardon as Fed lets consumers pay for rampant inflationposted 836 weeks ago on BloggingStocks
- TD Ameritrade may bid for E*Tradeposted 836 weeks ago on BloggingStocks
- Paulson: home-loan defaults could rise in 2008posted 836 weeks ago on BloggingStocks
- Israel launches anti-hijack systemposted 836 weeks ago on BloggingStocks
- Alltel gets its privacy - for $24.7 billionposted 836 weeks ago on BloggingStocks
- Do HP numbers make life harder for Dell?posted 836 weeks ago on BloggingStocks