Lehman Brothers Holdings Inc.

A look at the top 10 US bankruptcies
Orlando Sentinel (Fla.) | 21 days 13 hours 46 minutes ago
CIT Group 's filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.

Lehman Works on Billions in Debt With Auction of $300 Photo, $500 Drawings
Bloomberg | 43 days 22 hours 48 minutes ago
Oct. 10 (Bloomberg) -- A $300 photograph and a few $500 drawings from the art collection of Lehman Brothers Holdings Inc. go on sale Nov. 1 at a time when the bank owes creditors as much as $250 billion.

Lehman-stung Shinsei refocusing on Japan
Japan Times, The | 20 days 12 hours 51 minutes ago
Having experienced a record loss on overseas investments and loans to Lehman Brothers Holdings Inc., an executive of Shinsei Bank Ltd. said the nation's seventh-largest bank will now focus on corporate and individual customers at home instead of proprietary investments abroad. Rahui Gupta YOSHIAKI MIURA PHOTO "Given the lessons that we learned from the global financial turmoil, we have acted proactively and swiftly in remodeling Shinsei Bank," Rahul Gupta, senior managing ex...

Bear Acquittals Cause Soul-Searching as Decisions Near on AIG, Lehman
Wall Street Journal, The | 11 days 1 hour 34 minutes ago
The acquittals of two former Bear Stearns Cos. hedge-fund managers on securities-fraud charges is causing some soul-searching among prosecutors who hope to hold Wall Street accountable for excessive risk-taking that helped lead to the financial crisis.

Nomura, Barclays Lure Bankers as Competitors Eliminate Jobs, Cap Bonuses
Bloomberg | 17 days 45 minutes ago
The banks are expanding globally after they bought parts of Lehman Brothers Holdings Inc. out of bankruptcy last year. Barclays, which acquired Lehman's U.S. unit, plans to hire more than 30 bankers in Europe for its mergers advisory business and has hired about 750 people for European and Asian equities this year. Nomura, which bought Lehman's European arm, has increased its U.S. workforce by about 36 percent since March and this week hired former Goldman Sachs Group Inc. currency strategist...

Citi, Wells Fargo, Lehman Servicer Boost Mortgage Modifications
Wall Street Journal, The | 44 days 20 hours 32 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A new report from the U.S. Treasury shows Citigroup Inc. (C), Wells Fargo & Co. (WFC) and a loan servicer still owned by bankrupt Lehman Brothers Holdings Inc. (LEHMQ) made quick progress in September modifying mortgages for delinquent borrowers under a government foreclosure-prevention program.

Nomura, Barclays Lure Hundreds of Bankers as Rivals Cut Jobs, Cap Bonuses
Bloomberg | 16 days 23 hours 44 minutes ago
The banks are expanding globally after they bought parts of Lehman Brothers Holdings Inc. out of bankruptcy last year. Barclays, which acquired Lehman's U.S. unit, plans to hire more than 30 bankers in Europe for its mergers advisory business and has hired about 750 people for European and Asian equities this year. Nomura, which bought Lehman's European arm, has increased its U.S. workforce by about 36 percent since March and this week hired former Goldman Sachs Group Inc. currency strategist...

Ex-Macquarie, Lehman Bankers Plan $148 Million Moss Capital Property Fund
Bloomberg | 33 days 11 hours 24 minutes ago
Oct. 21 (Bloomberg) -- Moss Capital, formed by ex-Macquarie Group Ltd. and Lehman Brothers Holdings Inc. bankers, is close to completing a A$160 million ($148 million) fund that will invest in Australian property.

Lehman Brothers' art on the auction block
Tennessean (Nashville), The | 22 days 49 minutes ago
Affordable pieces generate buzz

UPDATE 1-A Reserve money market fund halts distributions
Forbes | 10 days 11 hours 55 minutes ago
By Jonathan Stempel NEW YORK, Nov 12 (Reuters) - More than a year after the implosion of the Reserve Primary Fund triggered near panic in the $3.3 trillion money market mutual fund industry, a smaller fund once run by the same company has halted distributions.

Bank of America shopping Lehman claim - Bloomberg
Reuters | 45 days 3 hours 36 minutes ago
NEW YORK, Oct 8 (Reuters) - Bank of America Corp (BAC.N) is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc (LEHMQ.PK), Bloomberg reported citing people familiar with the matter.

Dow Exceeds 10,000, Led by Financials, on Recovery From Lehman
Bloomberg | 39 days 18 hours 50 minutes ago
Oct. 14 (Bloomberg) -- The Dow Jones Industrial Average climbed above 10,000 for the first time in a year, led by lenders, as U.S. stocks approached their highest levels since Lehman Brothers Holdings Inc.'s bankruptcy sent the global economy into a tailspin.

Robertson Backs a Tiger
Wall Street Journal, The | 21 days 8 hours 43 minutes ago
Former hedge-fund titan Julian Robertson plans to make a seed investment in a private-equity infrastructure firm led by Emil W. Henry Jr., an alumnus of Lehman Brothers Holdings Inc. and former Treasury Department official.

Bank of America Is Likely to Sell $800 Million Lehman Claim to Hedge Funds
Bloomberg | 45 days 16 hours 46 minutes ago
Oct. 8 (Bloomberg) -- Bank of America Corp. is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc., people familiar with the matter said.

Wells Fargo Hires Ex-Lehman Public Finance Chief Stack to Boost Business
Bloomberg | 32 days 18 hours 42 minutes ago
Oct. 21 (Bloomberg) -- Wells Fargo & Co., seeking to boost its municipal bond business in the northeast U.S., hired Ronald Stack, the former head of public finance at Lehman Brothers Holdings Inc. and Barclays PLC.