Topic: Investment Services
Lehman administrator files record bankruptcy plan
AFP Global Edition
The administrator for failed Wall Street giant Lehman Brothers has filed plans to end the largest bankruptcy in US history, opening the way for the creation of a new company. "The proposed plan represents a fair economic resolution for all Lehman creditors and will accelerate recoveries to creditors," said Bryan ...
Barclays targeted UBS ahead of Lehman buy: report
Reuters US Online Report Business News
NEW YORK (Reuters) - Barclays Plc <BARC.L> considered UBS AG <UBSN.VX> its preferred merger target just weeks before it bought U.S. assets from the collapsed Lehman Brothers Holdings Inc <LEHMQ.PK>, the Financial Times said in its online edition on Monday. A ...
UBS execs net $52mln bonuses for 2009
AFP Global Edition
Swiss bank UBS said Monday that its top executives were awarded 54.9 million Swiss francs (38 million euros, 52 million dollars) in bonuses in 2009 as the total wage bill for senior echelons soared with the bank's return to profit. Members of the group executive board and board ...
Asset manager plans London listing of distressed debt fund
Reuters US Online Report Business News
LONDON (Reuters) - Asset manager Neuberger Berman, which once belonged to failed investment bank Lehman Brothers, plans a London listing for its first fund dedicated to distressed debt, according to the Financial Times. The privately held company is looking to raise more than $150 million dollars from the listing that could ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
