Topic: Securities and Commodity Contracts Services
Lehman Brothers
AP News
Once skeptical, Congress warms to CFTC's Gensler
Reuters US Online Report Politics News
WASHINGTON (Reuters) - Gary Gensler, who once supported market deregulation blamed for the recent financial meltdown, has been winning over members of Congress who had been skeptical of his ability to rein in Wall Street as the top U.S. futures regulator. A former partner at Goldman Sachs, Gensler has quickly ...
Banks' fourth quarter trading revenue falls 66 percent
Reuters US Online Report Business News
NEW YORK (Reuters) - Trading revenue at U.S. commercial banks fell 66 percent in the fourth quarter, the Office of the Comptroller of the Currency said on Friday, as uncertainty over pending derivatives legislation added to a seasonal slowdown in trading. Revenue fell to $1.9 billion from $5.7 ...
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 ...
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