This is what’s in the news for Tuesday, March 13, 2012. The Wall Street Journal reports that on Wall Street, increasing appetites for borrowing and investing are fueling a bond market revival, increasing revenue at firms that took a beating in 2011. Bloomberg reports JPMorgan Chase & Co. (NYSE:JPM) last year became the first bank to crack the list of 10 largest U.S. stock and bond fund managers, according to Strategic Insight. Bloomberg also reports Germany’s government may start the sale of its real estate management company next month, looking to raise over $2.3B to reduce its deficit, sources say. Finally, Reuters reports The Renault, Nissan (NSANY) alliance will take a majority stake in Russian automaker AvtoVAZ in the coming weeks.
