(Reuters) - A unit of UBS AG must pay $5.4 million to a former broker who said the firm misled its advisers about the financial health of Lehman Brothers Holdings Inc while recommending they sell its structured notes to clients, a securities arbitration panel ruled.
Street teetered on the brink, he invested $5 billion in Goldman Sachs , to shore up the firm right after the collapse of Lehman Brothers . The deal was on very favorable terms to Buffett, and last fall, he reaped $2 billion from it. This kind of transaction
consulting rather than traditional banking. Cameron Clyne started during the worst of the global financial crisis, with Lehman Brothers collapsing in September 2008, international credit markets freezing and investment markets plunging. In Australia, the
LONDON (Reuters) - Five years after Lehman Brothers ' seismic bust and just two years after euro member Greece defaulted, the concept of being too big or too strategic to fail is alive and well.
down 30% from the decade leading up to the collapse of Lehman Brothers ), but this is a decent start. What is more important is whether ..... now than it has been for any time since the collapse of Lehman Brothers in 2008. So what does that mean for the markets? As the BoE has always
NEW YORK (Reuters) - Lehman Brothers Holdings Inc plans next week to distribute about $17.9 billion to creditors, boosting its total payout to roughly $80.4 billion since it left its record bankruptcy, which helped trigger the global financial crisis.
NEW YORK, March 27 (Reuters) - Lehman Brothers Holdings Inc plans next week to distribute about $17.9 billion to creditors, boosting its total payout to roughly $80.4 billion since it left its record bankruptcy, which helped trigger the global financial crisis.
economic times demand decreases rapidly. These phenomena could also be observed in the years before and after the crash of Lehman Brothers . Even now, at the beginning of 2014, stock prices of most steel producers have not reached their pre-crisis peak
Then Marks delivered the punch line: “If it hadn’t been for that bit of bad luck, I could have spent 30 years at Lehman Brothers ,” the defunct banking giant whose catastrophic 2008 collapse marked the beginning of the subprime mortgage crisis
he was COO and CEO of International Power, a U.K.-based wholesale power generator, and senior vice president in Lehman Brothers ' global power group. The CFO role has experienced a surprising amount of turnover. Bob Flexon left in early 2010; his