Murali Anantharaman
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Japan banks to bear brunt of new capital rules in Asia
TOKYO (Reuters) - After raising $54 billion of equity this year to ride out the financial crisis, banks in Asia are likely to tap markets for billions more as the G20 moves toward tightening capital requirements for global lenders. Full Article
Buffett paid $491,000, Berkshire downgraded
NEW YORK, March 13 (Reuters) - Warren Buffett was awarded compensation of $491,000 in 2008 for running Berkshire Hathaway Inc <BRKa.N> <BRKb.N>, which just lost its "AAA" credit rating from Fitch Ratings because of potential losses from derivatives. ... Full Article
AIG may abandon asset sales plan: report
(Reuters) - American International Group Inc may scrap a plan to repay a $60 billion U.S. government loan by selling businesses, after failing to find enough promising bidders, Bloomberg said, citing people with knowledge of the matter. Full Article
AIG may abandon asset sales plan: report
(Reuters) - American International Group Inc may scrap a plan to repay a $60 billion U.S. government loan by selling businesses, after failing to find enough promising bidders, Bloomberg said, citing people with knowledge of the matter. Full Article
UPDATE 2-BlackRock profit dives on fees slump, write-downs
* Market value of assets down $80.5 bln in quarter (Recasts with analyst comment, nonoperating expense details) Full Article
BlackRock profit dives on fees slump, write-downs
BOSTON (Reuters) - BlackRock Inc <BLK.N> posted a bigger-than-expected 84 percent drop in fourth-quarter profit on Wednesday as sliding markets hurt fees earned and it marked down the value of seed capital investments in hedge funds. Full Article
PNC sticks to knitting, scoops up National City
NEW YORK (Reuters) - PNC Financial Services Group Inc's <PNC.N> takeover of National City Corp <NCC.N> shows that in banking, boring can be beautiful. Full Article
Merrill to sell Bloomberg stake for $4.5bln: source
NEW YORK (Reuters) - Merrill Lynch & Co Inc <MER.N> has agreed to sell its 20 percent stake in Bloomberg LP back to the news and financial data company for about $4.5 billion, a source familiar with the situation said on Wednesday. Full Article
Legg: latest Microsoft offer for Yahoo unappealing
BOSTON (Reuters) - A portfolio manager at Legg Mason Capital Management said on Sunday he found the latest proposal for Yahoo Inc <YHOO.O> from activist investor Carl Icahn and Microsoft Corp <MSFT.O> to be "unappealing." Full Article
UPDATE 2-Microsoft seen as winner as big media circles Yahoo
NEW YORK, April 10 (Reuters) - Yahoo Inc <YHOO.O> may have played its top two cards by pulling out possible deals with AOL and Google, but it does not seem to have changed Wall Street's view that Microsoft will eventually win the takeover battle. ... Full Article
