21 (Reuters) - Equity Residential , one of the largest U.S. apartment owners, said it has been granted more time to submit a bid for the last slice of smaller rival Archstone not owned by Lehman Brothers Holdings Corp , and the minimum bid was raised...

Act, which turned the Volcker rule into law, bans "short-term" proprietary trading. The proposed rule defines short-term as positions held for 60 days or less.That is nonsensical. There is ample evidence to show that it is long-term, not short-term,...

Similar products may be reproduced in Asia if demand is sufficient, Tai and Miller said in separate interviews. Volatility index futures products “received attention after the collapse of Lehman Brothers Holdings Inc. (LEHMQ)” in 2008, Osaka Securities...

The concern among U.S. officials past and present is Europe risks failing to heed lessons from the failure of Lehman Brothers, which triggered chaos in which financial institutions lost or wrote off almost $1 trillion, the Standard & Poor’s 500 Index...

Feb. 18 (Bloomberg) -- Ernst & Young LLP, bankrupt Lehman Brothers Holdings Inc.'s former auditor, should "disgorge" $125 million in fees earned in an alleged fraud involving so- called Repo 105 transactions that concealed tens of billions of dollars...

Attorney General Eric Schneiderman asked a judge today to let him pursue the suit after the auditing firm tried to get it dismissed. The state is limited by law from recovering the fees for itself or for Lehman’s former shareholders, Ernst & Young said.

18 (Bloomberg) -- Ernst & Young LLP, former auditor of bankrupt Lehman Brothers Holdings Inc. , should “disgorge” $125 million in fees earned in an alleged fraud that used so-called Repo 105 transanscations to conceal tens of billions of dollars in...

That was above a Reuters poll forecast in December that the index would finish 2012 at 1,340. Like us on Facebook A break above 1,370 would put the S&P 500 at its highest value since June 2008, before the September 2008 collapse of Lehman Brothers...

Lehman Brothers Holdings Inc. (LEHMQ) asked a judge to let it pursue its $8.6 billion lawsuit against JPMorgan Chase & Co. (JPM), saying recent court decisions confirmed its right to try to recover the money, according to a bankruptcy court filing today...

The main issue or question is: when do we start seeing the real power players at the heart of the Financial Crisis come under scrutiny (what Blankfein is clearly anticipating by hiring a defense lawyer). By the look of things, it’s coming sooner rather...

It has asked a judge to dismiss Lehman’s suit. Lehman filed the biggest bankruptcy in U.S. history in 2008, listing $613 billion in debt. The main case is In re Lehman Brothers Holdings Inc. , 08- 13555, U.S. Bankruptcy Court, Southern District of New...

Lehman Brothers Holdings Inc. (LEHMQ) creditors are trying to compel U.S. Treasury Secretary Timothy Geithner to testify in the defunct firm’s lawsuit against JPMorgan Chase & Co. (JPM), which alleges the bank siphoned $8.6 billion out of Lehman in the...

Anglo Irish’s strategy unraveled as credit evaporated in the wake of Lehman Brothers Holdings Inc. (LEHMQ)’s bankruptcy in September 2008. Drumm resigned three months later and subsequently left for the U.S. , leaving behind the house near the coastal...

The Australian Office of Financial Management has spent 73 percent of the A$20 billion ($21.4 billion) allocated to keep smaller lenders competitive after the credit freeze following Lehman Brothers Holdings Inc.’s collapse in 2008. Australia’s four...

160-member historic Hillwood Square residential development on Cherry St. between Rt. 50 and Hillwood Ave. continue protesting the prospective sale of the entire 20-acre property for demolition and redevelopment into a 455-unit rental project by...

The defunct investment bank estimated that allowed claims of general unsecured creditors are about $284 billion. In theory, Lehman said it could distribute $12 billion to $14.7 billion of cash initially, depending on how much it needs to keep in...

These may include a reduction in the average credit quality of banks borrowing from the ECB, it said. The liquidity measures were agreed on by the Basel Committee on Banking Supervision as part of an overhaul of bank regulation in the wake of the 2008...

The defunct investment bank estimated that allowed claims of general unsecured creditors are about $284 billion. In theory, Lehman said it could distribute $12 billion to $14.7 billion of cash initially, depending on how much it needs to keep in...

The repo market came under stress after the failure of Lehman Brothers Holdings Inc. in September 2008, and since then regulators have worried that defaults between trading partners could undermine the entire financial system. In response, the Fed...