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Nomura takes another bite out of Lehman
Japanese investment bank Nomura Holdings announced it will purchase the European and Middle Eastern equities and investment banking operations of the bankrupt investment bank.
Barclays said to steer clear of Lehman ETNs
Barclays PLC won’t be “assuming the obligation” of traditional structured products and exchange traded notes issued by Lehman Brothers Holdings Inc., according to a source close to the situation.
Lehman divisions open under Barclays’ name
Several businesses at Lehman Brothers Holdings Inc. have reopened under the Barclays Capital name, after the Bankruptcy Court for the Southern District of New York approved Barclays' agreement to acquire Lehman on Saturday.
Lehman sells Asia division
A week after filing for Chapter 11 bankruptcy protection, Lehman Brothers Holdings Inc. of New York has decided to sell its Asian operations to Nomura Holdings Inc. for an undisclosed amount.
Structured products get more scrutiny
Big changes are coming to the structured-products industry on the heels of Lehman's collapse.
Wall Street’s new world order
It took 10 days for Russian revolutionaries in 1917 to overturn centuries of Czarist rule but capitalism works even faster.
Hellman & Friedman in talks with Lehman
Private-equity firm Hellman & Friedman LLC of San Francisco is in talks with Lehman Brothers Holdings Inc. of New York to purchase the bankrupt investment bank’s asset management business, according to an investment banking source familiar with the discussions.
Freddie Mac stuck with $1.2B Lehman tab
The McLean, Va.-based mortgage backer also said its exposure to Lehman was in the area of $400 million.
Lehman’s Fuld called to Capitol Hill
The House Committee on Oversight and Government Reform has scheduled a hearing to examine the regulatory mistakes and financial excesses that led to the collapse of Lehman Brothers Holdings Inc.
MetLife has $800M exposure to Lehman, AIG
MetLife Inc. has some $800 million in exposure to the now-collapsed Lehman Brothers Holdings Inc. and the just-rescued American International Group Inc. and is assessing the recoverability of those investments.
Barclays to buy Lehman division for $1.75B
Barclays PLC will acquire the North American investment banking business from bankrupt Lehman Brothers Holdings Inc. for $1.75 billion, two days after it ditched plans to acquire the investment bank whole.
Barclays eyes Lehman’s investment banking group
The bankrupt Lehman Brothers Holdings Inc. on Tuesday afternoon was near announcing a deal to sell its U.S. investment banking operations for a little less than $2 billion to Barclays PLC of London, according to published reports.
SEC seeks to calm Lehman customers
The Chapter 11 bankruptcy filing by Lehman Brothers will lead to the winding down of Lehman Brothers Inc., its U.S. broker-dealer, the Securities and Exchange Commission said today, but customers will not be left out in the cold.
Lehman to file for bankruptcy
Lehman Brothers Holdings Inc., the 158-year-old financial services firm, has announced that it intends to file for Chapter 11 bankruptcy after the investment bank's attempts to find a buyer fell flat.
For Lehman investors, news goes from bad to worse
Last week, Lehman Brothers Holdings Inc. shares plunged 77% as the firm posted the biggest loss in its 158-year history and investors scoffed at recovery plans laid out by chief executive Richard S. Fuld Jr.
Advisers to stick with Neuberger funds
As the market pushed Lehman Brothers Holdings Inc. into a fire sale last week, some financial advisers and registered representatives said they were sticking with Lehman's storied investment management division, Neuberger Berman, at least for now.
BofA, Merrill deal done as Lehman teeters
Lehman Brothers is verging on collapse, even as Bank of America has reportedly bought Merrill Lynch for $44 billion; AIG hammering out its own rescue strategy.
Lehman nearly lost as BofA eyes Merrill
Lehman Brothers is verging on collapse, even as Bank of America is reportedly in talks to purchase Merrill Lynch and AIG hammers out its own rescue strategy.
Losers abound in Lehman’s fall
Lehman's demise as an independent firm is a virtual certainty; an acquisition by another firm is likely to result in cutbacks rivaling those seen at The Bear Stearns Cos. Inc.
Firms circle Lehman; deal expected soon
Bank of America Corp., J.C. Flowers & Co. LLC and China Investment Corp. are considering a joint bid to purchase Lehman Brothers Holdings Inc., as shares of the beleaguered Wall Street bank continue to plunge.
