Lehman Brothers

Lehman Brothers News

World is sleepwalking towards another financial crisis, warns former UK PM

The major reason behind this, he says, is that the governments have failed to tackle the causes of the last major financial crash that followed the collapse of the US investment bank Lehman Brothers a decade ago

Curbs on banks’ exposures to customers eased

The committee, made up of banking supervisors from nearly 30 countries, published the final version of a new rule that will take effect in 2019.

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FSDC to be the ‘war room’ during crisis: FM

Observing that India was one of the most affected markets following the collapse of Lehman Brothers in 2008.

Hedge funds reap rewards from bet on Lehman Europe carcass

Hedge funds,which gambled on how much money would be recovered from the bankrupt carcass of Lehman Brothers are set to make hundreds of millions of pounds from a full payout to creditors of the European arm.

Top bankers hail work of outgoing RBI chief Duvvuri Subbarao

Top bankers have hailed the contributions of the outgoing Reserve Bank Governor Duvvuri Subbarao saying he did his best during a tenure that was marked by difficult times for the economy.

IDFC Capital appoints Sandeep Gupta as MD of Corp Fin Div

Prior to joining IDFC,Gupta was Director at Credit Suisse in Mumbai.

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Lehman Brothers offers to surrender trading membership of NSE

Once an iconic financial services major,Lehman went bust in September 2008.

Lehman plans to distribute $14.2 bn to creditors

Lehman Brothers Holdings Inc on Wednesday said it plans to distribute about $14.2 billion to creditors early next month,as the company winds down following its emergence last year from bankruptcy protection.

UBS India investment banking head resigns

Mittal's resignation follows two high-profile departures from the bank's India unit last year.

UBS set to exit fixed income,fire 10,000 bankers

Trading business saw lose of $50 billion in the financial crisis.

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