NEW YORK—Shares of investment banks mostly slipped early Wednesday ahead of the Federal Reserve's decision on interest rates and after Citigroup Inc. said it would raise $4.5 billion in new cash to shore up its capital position.
Here's how some investment bank stocks were trading shortly after market open:
Bear Stearns Cos. fell 2 cents to $10.67.
Goldman Sachs Group Inc. fell 13 cents to $192.55.
Lehman Brothers Holdings Inc. fell 21 cents to $46.36.
Merrill Lynch & Co. fell 4 cents to $49.78.
Morgan Stanley rose 38 cents to $49.34.
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