Analysis: Lehman unit has transformed Barclays

09/15/2010 | Wall Street Journal, The

Lehman Bros. faced a dilemma two years ago. It needed to either quickly find a buyer or file for bankruptcy protection. A few days after the Wall Street investment bank filed, Barclays acquired its North American business. The move has proved to be transformational for Barclays as it has risen to become a power player on Wall Street, according to The Wall Street Journal.

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Wall Street Journal, The

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