United Kingdom
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Sunday, 23 November 2008
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| View All Articles About 'Brothers' |
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| 2. |
Wall Street shaken by Lehman failure
The ruptured U.S. financial system faces an unprecedented shake-up with Lehman Brothers filing for bankruptcy, Bank of America buying Merrill Lynch and the Federal Reserve saying for the first time it will accept stocks in exchange for cash loans.
15 Sep 2008 |
| 3. |
Lehman assets could benefit Barclays
Barclays is one of the few banks in a position to take a look at troubled U.S. rival Lehman Brothers and could see some of its assets as a way to accelerate its U.S. expansion.
13 Sep 2008 |
| 4. |
Lehman shares drag on bailout reluctance
Concern that Lehman Brothers may fail to find a buyer because the U.S. government is reluctant to provide financial backing sent the investment bank's shares tumbling to a nearly 14-year low on Friday.
12 Sep 2008 |
| 5. |
Lehman licks wounds on UK home loans
Lehman Brothers' plan to sell $4 billion (2.3 billion pounds) of British mortgages as part of a survival strategy follows an aggressive bet on riskier UK mortgages in the last three years that has misfired.
11 Sep 2008 |
| 6. |
Commods seen important to Lehman despite troubles
Lehman's latest troubles may cost more jobs at the No. 4 U.S. investment bank but its commodities business, which it seems to find more promising than some units, could be largely spared, industry sources said on Wednesday.
11 Sep 2008 |
| 7. |
Stocks slip after Lehman news
European stocks slipped on Wednesday as investors remained jittery about the financial sector after Lehman Brothers posted a quarterly loss and announced steps to restructure the company.
10 Sep 2008 |
| 8. |
Disappointing Lehman results hit world stocks
World stocks fell on Wednesday while safe-haven government bonds and the yen rose after U.S. investment bank Lehman Brothers disappointed investors with a bigger-than-expected quarterly loss.
10 Sep 2008 |
| 9. |
Lehman loss worse than expected
Lehman Brothers Holdings Inc said it plans to sell a majority stake in its investment management unit and spin off commercial real estate assets, but failed to announce specific transactions and posted a third-quarter loss of $3.93 billion (2.2 billion pounds).
10 Sep 2008 |
| 10. |
KDB confirms talks with Lehman
State-owned Korea Development Bank (KDB) confirmed on Tuesday it was in talks with Lehman Brothers over a possible joint investment in the U.S. bank with other Korean banks, sending local banking shares lower.
02 Sep 2008 |
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