Morgan Stanley Selling Pieces of $3 Billion Royal Caribbean LoanMorgan Stanley has invited banks to buy pieces of a $3 billion loan that helps fund Royal Caribbean Cruises Ltd.’s purchase of a 50% stake in Sandals Resort International, according to people with knowledge of the matter.
Commodity Volatility Spurs Regional US Banks to Offer HedgingFor years, regional US banks lent money to commodities clients, only to watch them take their lucrative hedging activity to Wall Street. Now the regionals want to grab more of a booming business.