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Citigroup Inc. and JPMorgan Chase & Co. are hoarding cash as if another crisis were on the way. Full Article at The Delaware News Journal
Fund manager Perpetual Ltd says it may face further court action after its opponents moved to appeal a recent UK court decision that could ultimately affect billions of dollars. Full Article at Sydney Morning Herald
Thomas Russo, former Vice Chairman, Lehman Brothers, center, speaks to a journalist at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009. View Photo »
is a measure that for the first time would regulate privately sold derivatives like credit default swaps, the complex contracts that brought down Wall Street banking house Lehman Brothers Holdings Inc. and nearly toppled insurance giant
RNRL's submissions on the MoU : Barclays Plc and Nomura Holdings Inc, which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure. Full Article at Expressindia.com
Contrary to popular belief, commercial lenders did not throw out all of their standards in the recent cycle of easy credit. Full Article at The Real Deal: New York
Nov. 6 (Bloomberg) -- Lehman Brothers Holdings Inc. lost an appeal of a U.K. court ruling over whether it should be paid before bondholders in two swap agreements, a decision affecting billions of dollars in claims. Full Article at Bloomberg.com
Thomas Russo, former Vice Chairman, Lehman Brothers, left, speaks with an unidentified Saudi official during a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009. View Photo »
Nov. 6 (Bloomberg) -- Barclays Plc and Nomura Holdings Inc. , which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure. Full Article at Bloomberg.com
Among the financial services firms that made offers were Bank of America-Merrill Lynch, Barclays Capital, the investment banking division of Barclays Bank Plc, Morgan Stanley and Japan’s Nomura group, which took over the European and Asian operations... Full Article at livemint.com
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Thomas Russo, former Vice Chairman, Lehman Brothers, center, speaks to a journalist at a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
View Photo »Thomas Russo, former Vice Chairman, Lehman Brothers, left, speaks with an unidentified Saudi official during a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
View Photo »An investor who bought Lehman Brothers-backed investment products through Citibank holds a placard that reads, "Citibank blood sucker," as she protests outside a Citibank branch in a Hong Kong downtown street Friday, Jan. 23, 2009.
View Photo »An investor who bought Lehman Brothers-backed investment products through Citibank holds a placard that reads, "Citibank blood sucker," as she protests outside a Citibank branch in a Hong Kong downtown street Friday, Jan. 23, 2009.
View Photo »Several hundred investors allegedly missold financial products from Lehman Brothers protest to several banks involved in the mini-bond scandal in Hong Kong on December 12, 2008.
View Photo »Several hundred investors allegedly missold financial products from Lehman Brothers protest to several banks involved in the mini-bond scandal in Hong Kong on December 12, 2008.
View Photo »Staff stand in a meeting room at the Lehman Brothers offices in the financial district of Canary Wharf in London September 11, 2008.
View Photo »Victims of Structured Note from Lehman Brothers bond hold a slogan reading "Infamous, Artifice" during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
View Photo »A victim of Structured Note from Lehman Brothers bond holds a slogan reading "Black Heart, Infamous, Return the Money to me" during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
View Photo »Victims of Structured Note from Lehman Brothers bond shout slogans during a protest against the Taiwan government and ask the government to protect them, Saturday, Nov. 29, 2008, in Taipei, Taiwan.
View Photo »The headquarters of German company Schaeffler Group, the world's second largest ball-bearing maker is pictured in Herzogenaurach in this July 16, 2008 file photo.
View Photo »The headquarters of German company Schaeffler Group, the world's second largest ball-bearing maker is pictured in Herzogenaurach in this July 16, 2008 file photo.
View Photo »The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
View Photo »The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
View Photo »The new Chief Executive of the London Stock Exchange, Xavier Rolet poses for photographers, in London February 13, 2009.
View Photo »The new Chief Executive of the London Stock Exchange, Xavier Rolet, poses for photographers, in London February 13, 2009.
View Photo »Newly appointed Aozora Bank acting president Brian Prince arrives for a press conference where he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
View Photo »Newly appointed Aozora Bank acting president Brian Prince bites his lip at a press conference where he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
View Photo »Newly appointed Aozora Bank acting president Brian Prince bows at a press conference as he announces the company's third quarter financial results ending December at the Bank of Japan in Tokyo on February 10, 2009.
View Photo »A woman walks past a Barclays bank branch in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
View Photo »A Barclays bank branch is seen in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
View Photo »A construction worker walks past a Barclays bank branch in central London, Monday Feb. 9, 2009. Barclays PLC said Monday its 2008 net profit fell only 1 percent as a one-off gain from its cut-price purchase of the North American operations of Lehman Brothers helped shore up its finances.
View Photo »Bernard Madoff walks back to his apartment in New York in this December 17, 2008 file photo.
View Photo »Disgraced financier Bernard Madoff (R) is escorted by a U.S. Marshall as he departs U.S. Federal Court after a hearing in New York in this January 5, 2009 file photo.
View Photo »A man holds a sign referring to disgraced financier Bernard Madoff outside Madoff's luxury apartment building on New York City's upper east side in this January 14, 2009 file photo.
View Photo »Thomas Russo, former Vice Chairman, Lehman Brothers, left, speaks with an unidentified Saudi official during a press conference during the 3rd Global Competitiveness Forum in Riyadh, Saudi Arabia, Tuesday, Jan. 27, 2009.
View Photo »
:: Hedge funds do battle for Lehman Brothers cash http://bit.ly/3Ifnwm
- worldfinance 16 minutes ago
- R_Goldberg
1 hour ago
- cro_tweets
3 hours ago
telegraph - Hedge funds do battle for Lehman Brothers cash http://tinyurl.com/yz6ndnw
- creditcrunch_uk 3 hours ago
- bank_risk
3 hours ago
