Result Page 8 for Lehman brothers news & latest pictures from ibtimes.com

Ex-Lehman Directors win Ruling over Retirement Plan

Former directors of Lehman Brothers Holdings Inc won the dismissal of a lawsuit seeking to hold them liable for losses suffered by the fallen investment bank's employee retirement plan program.

Food, Fuel Price Falls Stir Asia Inflation Concern

India's food inflation rate slackened in mid-May, after picking up pace for two weeks, giving the Reserve Bank more leeway to hold rates until its July review and gauge the impact of euro zone debt woes on the domestic economy.

Anyone hoping that recent falls in commodity prices would provide a boost to powerhouse Asian economies and help lift the developed world out of recessionary danger will be disappointed. The region's focus remains firmly on inflation.

Bank of America Debit Card Fee Inspires Anti-bank Rhetoric

Customers use ATM machines inside of a Bank of America branch.

When Bank of America announced last week that it would begin charging a $5 monthly fee to customers using their debit cards at retail locations, it understandably caused a fair amount of complaining from consumers, a fact that was noted across the board by various media sources Friday. But it also inspired a wave of anger against banks in general.

Asia's Factories Downshift to Crisis-Era Lows

September factory activity in some of Asia's biggest economies slumped to levels last seen during the depths of the financial crisis as export demand dropped, reinforcing fears that fading U.S. and European growth will spare no one.

Insight

More news

Gold Holds Gains but Heads for Worst Month Since Oct. '08

Gold jumped more than 1 percent on Friday after Germany's approval for expanding the euro zone bailout fund offered temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.

Lehman bankruptcy payout plan gains momentum

With more than $140 billion worth of claimholders now supporting its proposed bankruptcy exit plan, Lehman Brothers Holdings Inc's prospects for getting the plan approved by the end of the year are brightening.

CEOs View of Economy Worsens in Q3: Roundtable

Spooked by the U.S.' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.

BOA, Merrill pledge support for Lehman exit plan

Lehman Brothers Holdings Inc unveiled the latest in a string of settlements with major financial creditors, reaching deals with Bank of America Corp and Merrill Lynch that will reduce the banks' claims against Lehman by a combined $7.5 billion.

A euro sculpture is pictured in front of the headquarter of the European Central Bank (ECB) in Frankfurt

As Europe Wobbles, FX Options Signal Distress

Europe's never-ending debt saga has investors girding for volatile, unsteady currency markets for years to come.

The Goldman Sachs building is seen at 200 West Street, New York

Goldman Sachs May Cut Up to 3,000 Jobs Ahead of Expected Third Quarter Loss

The brunt of job cuts will likely occur in Europe and The United States.

JPMorgan seeks to move Lehman's $8.6 billion lawsuit

JPMorgan Chase & Co is asking to move to federal court a lawsuit from Lehman Brothers Holdings Inc accusing it of siphoning $8.6 billion from Lehman's estate in the days leading up to its record bankruptcy.

Flag hangs on the wall of the JP Morgan company stall on the floor of the New York Stock Exchange in New York

JPMorgan Seeks to Move Lehman's $8.6 Billion Lawsuit

Gold Toppling from Record High: Could the 11-Year Bull Run be Over?

Gold's toppling from record highs, culminating in Monday's unprecedented $120 price plunge, has investors asking whether a decade-long bull run is over. History would suggest that while gold has taken a beating, it is far from down and out.

Copper Slumps to 14-Month Low

Copper slumped to a 14-month low on Monday, adding to sharp falls from the last three weeks, as fears of a Greek debt default and the threat of a global recession sparked heightened concerns about demand for industrial metals.

Gold jewelry is displayed in a shop in Kathmandu

Silver, Gold Tumble Further on Dollar, Liquidation

Spot gold fell 5.2 percent and silver dropped by the most in three years, extending Friday's rout as investors bolted for the ultimate safe havens of cash and the dollar.

A teller counts euro banknotes inside a National Bank of Greece branch in Athens

Banks Prepare for Greek default, want EU help

Bankers are bracing for a Greek default, and their best hope is that Europe can erect firewalls around the banking system strong enough and soon enough to prevent it from spreading to other euro-zone countries.

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange

Investor Confidence is Growing Scarce

Bank stocks are clearly trading as if a redux of Lehman Brothers is imminent.

Lehman to drop appeals over Barclays sale

Lehman Brothers Holdings Inc said it will drop its appeal of a bankruptcy court's ruling upholding Barclays Plc's purchase of Lehman's North American business in 2008 to avoid an unnecessary strain on its remaining assets.

U.S. Dollar, U.S Treasuries Gaining in Favor Against Gold - Analyst

As Europe's debt crisis deepens, low-yielding U.S. government debt and the much maligned dollar are suddenly glowing more brightly than gold.

Lehman in deal with Europe affiliate

Lehman Brothers Holdings Inc said in a statement that it reached a tentative agreement with its largest foreign affiliate Lehman Brothers International Europe , related to claims between the two.

Geithner Suggests Europe Consider Leveraging Bailout Fund to Address Banking Crisis

At a meeting with E.U. finance ministers, U.S. Treasury Secretary Timothy Geithner made the case for a leveraged E.U. buyout fund ala the U.S.'s successful 2008 TALF, to help address Europe’s banking crisis, but the structure and size of any beefed-up intervention mechanism remained undetermined as of Friday night in Europe.

Gold Rebounds With Other Safe Havens

Gold prices rebounded Friday, along with other safe-haven investments, literally hours after dropping sharply on word that the world's biggest central bankers were jointly moving to protect the eurozone's commercial financial institutions.

Gold, Silver Rise in After-Hours Trading

Gold and silver prices moved higher late Thursday after posting big losses in the New York futures market.

Gold Plunges on Global Effort to Save Europe's Banks

Gold and silver fell hard Thursday after five major central banks announced a coordinated plan to inject U.S. dollars into European banks straining under the load of the continent's sovereign debt crisis.

Global Central Banks Flood Market With Dollars: What's the Impact on U.S. Stocks?

The world's major central banks, led by the European Central Bank and the U.S. Federal Reserve, in a coordinated effort Thursday intervened to provide dollar loans to commercial banks in an effort to maintain liquidity in Europe and check institutional investor concern about Europe's private sector banks. What will be the impact on U.S. stocks?

Lehman loses bid to recoup $500 million from Barclays

A bankruptcy judge has denied Lehman Brothers Holdings Inc's attempt to recover from Barclays Plc $500 million it alleges was supposed to go toward employee bonuses.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed

LEHMAN BROTHERS

Pages