News tagged with “lehman brothers”. Found:
212 tagged news reports.
Your Search Returned 212 tagged news reports
Nomura £5bn loss raises prospect of job cuts
Tōkyō :: Japan | 7 months ago
Credibility
Japan’s fiscal 2008 earnings season opened today with a 709.4 billion yen (£5 billion) annual net loss for Nomura, the brokerage house that absorbed the Asian and European operations of Lehman Brothers after the Wall Street bank collapsed.
Tags: Lehman Brothers, Nomura Holdings, Canon Marketing Japan, market japan, job cut, London
Credit Suisse pays clients for Lehman losses
Zurich :: Switzerland | 7 months ago
Credibility Credit Suisse today offered cash compensation to about 1,700 of its wealthy customers who invested in financial products sold by Lehman Brothers, the former Wall Street banking titan that collapsed last year. In what is likely to be seen as a landmark...
Tags: Lehman Brothers, Credit Suisse, Switzerland
Lehman Brothers sitting on toxic nuke stockpile
New York City :: NY :: USA | 7 months ago
Credibility The failed investment bank Lehman Brothers sits not only on toxic sub-prime mortgage loans but also toxic nuclear stockpile...Lehman filed for bankruptcy after the Bush administration refused to bail it out last September. After bankruptcy, it managed...
Tags: Lehman Brothers
HK firm agrees to buy back Lehman Brothers minibonds
Hong Kong :: China | 7 months ago
Credibility A financial services company in Hong Kong said on Sunday that it has agreed to buy back all Lehman Brothers minibonds it sold to investors at their original price. The buy-back involves only five clients, and the total amount of the repurchase is...
Tags: Lehman Brothers
U.S. Plan Sees Easing of G.M. to Bankruptcy
The government may seek to ease General Motors into what it calls a “controlled” bankruptcy, somewhere between a prepackaged bankruptcy and court chaos, by persuading at least some creditors to agree to a plan that would cleave the company...
Tags: government, Detroit, Lehman Brothers, Barclays, deteriorate, pension, Ford, Continental Airlines, Delphi, CorporationChrysler, liquidation, unequivocal, June, lawyer, Fritz Henderson, automaker, Bankruptcy, General Motors, controlled, creditors, administration, officials, taxpayer, financing
Lehman loss just the start for money fund
Neuilly :: France | 9 months ago
Credibility The Reserve Primary Fund, the giant money market fund that was pushed into a tailspin by the collapse of Lehman Brothers in September, estimated on Thursday that legal fees and damage claims stemming from that crisis would ultimately cost its investors...
Tags: Lehman Brothers
Barclays cuts bonuses as profits fall
London :: United Kingdom | 9 months ago
Credibility Barclays today reported pre-tax profits of £6.1bn for last year, down 14% on the previous 12 months but boosted by a £2.2bn gain from the acquisition of the US businesses of Lehman Brothers last year. The bank, whose boardroom executives have refused...
Tags: Barclays Capital, tax profitable, investment banks, Lehman Brothers, John Varley
LSE close to appointing new chief
Paris :: France | 9 months ago
Credibility The London Stock Exchange (LSE) is expected to name the former head of Lehman Brothers in France as its new head, when Clara Furse steps down later this year. Xavier Rolet is understood to be the frontrunner on a shortlist of candidates to take over...
Tags: Lehman Brothers, France, LSE, Xavier Rolet, chief executive, London Stock Exchange
City of Long Beach sues Lehman Brothers
Long Beach :: CA :: USA | 9 months ago
Credibility The city's lawsuit calls statements by Lehman and Ernst and Young prior to the investment being made "false and misleading." The city claims it was led to believe the investment would coincide with its tradition of "conservative" and "safe" investing.
Tags: Long Beach Press Telegram, Lehman Brothers, Bob Shannon, city attorney
City loses out on Wall Street bonuses
New York City :: NY :: USA | 10 months ago
Credibility The average bonus declined by 36.7 percent to $112,000 in 2008...It was revealed last week that the former chief executive at Merrill Lynch, John Thain, approved billions in bonuses even as his company was reporting billions in losses. In this city, however,...
Tags: New York State Comptroller, Thomas DiNapoli, street bonuses, Lehman Brothers, bonus pay, bonus pool, The Wall Street Journal
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