Topic: Barclays plc
Lehman says Barclays got $13 billion windfall in sale
Reuters US Online Report Business News
NEW YORK (Reuters) - Lehman Brothers Holdings Inc fired new allegations at Barclays Capital Inc on Thursday, saying the British investment bank got a $13 billion "windfall" profit from its deal to buy Lehman's U.S. brokerage in September 2008. In documents filed in U.S. bankruptcy court in Manhattan ...
Website's instant posts of Wall Street research banned
Reuters US Online Report Business News
NEW YORK (Reuters) - A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about Wall Street analyst research, often before recommendations are shared with clients. Ruling in favor of Bank of America Corp's Merrill Lynch unit, Barclays Plc and Morgan Stanley, U ...
Lehman administrator files record bankruptcy plan
AFP Global Edition
The administrator for failed Wall Street giant Lehman Brothers has filed plans to end the largest bankruptcy in US history, opening the way for the creation of a new company. "The proposed plan represents a fair economic resolution for all Lehman creditors and will accelerate recoveries to creditors," said Bryan ...
Barclays targeted UBS ahead of Lehman buy: report
Reuters US Online Report Business News
NEW YORK (Reuters) - Barclays Plc <BARC.L> considered UBS AG <UBSN.VX> its preferred merger target just weeks before it bought U.S. assets from the collapsed Lehman Brothers Holdings Inc <LEHMQ.PK>, the Financial Times said in its online edition on Monday. A ...
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