Topic: Investment Services
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 ...
BofA looking to expand business in China: report
Reuters US Online Report Business News
NEW YORK (Reuters) - Bank of America Corp <BAC.N>, the largest U.S. bank, plans to seek approval to expand its operations in China, the Wall Street Journal reported on Sunday, citing people familiar with the situation. According to the Journal, the bank is considering incorporating locally in ...
Pros and Cons of Futures Trading For Stock Speculation
isnare
Futures contracts were originally designed as hedging tools or ?insurances? for the trading of commodities like wheat. As the production of wheat takes a long time and prices may change for the better or worse during that year those wheat takes to grow to maturity, the buyer of the wheat ...
Lehman balance sheet massaging may not be unusual
Reuters US Online Report Business News
NEW YORK (Reuters) - On Wall Street, massaging the balance sheet is a time-honored practice. But did Lehman Brothers Holding Inc <LEHMQ.PK> cross a line in the routine manipulation of its balance sheet, as described by an independent examiner? That is the central question to emerge from the ...
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