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...years before the collapse of Lehman Brothers, according to data compiled for the Financial Times by Markit....
...Goldman has already redeemed the $5bn worth of preferred shares bought by Mr Buffett in September 2008, when the bank was reeling from the collapse of Lehman Brothers....
...Australia’s S&P/ASX 200 climbed 1% to a seven-month high and South Korea’s Kospi Composite was up 0.43%....
...Together with Bank of East Asia, BOC Hong Kong is at the top of the list of 16 banks which are going to compensate investors for their purchase of Lehman Brothers mini-bonds, following a 10-month controversy...
...Elsewhere, the Hang Seng index in Hong Kong ended above 20,000 for the first time since the collapse of Lehman Brothers last September....
...loss on provisions for securities linked to bankrupt Lehman Brothers....
...Michael Waldron, an oil analyst at Lehman Brothers in London, added that the energy market was finally getting a seasonal uptick in petrol demand....
...US stocks ended mixed on Thursday as investors weighed higher oil prices and continuing concerns about the financial sector, in particular Lehman Brothers and mortgage giants Fannie Mae and Freddie Mac....
...In Taiwan, the Taiex was 0.5 per cent higher at 5,747.62, although Taishin Financial, one of the Taiwan banks with exposure to Lehman Brothers, fell 6.9 per cent to a 52-week closing low of T$5.76....
...Banking stocks fell sharply across Europe on Monday as Wall Street’s major institutions joined the frantic sell off in the wake of the Lehman Brothers collapse and Bank of America’s bid for Merrill Lynch...
...Asian shares plunged on Tuesday as investors woke up to the reality of Lehman Brothers’ collapse....
...Banks were hit worst across the region after Lehman Brothers said Fannie Mae and Freddie Mac, the two biggest sources of finance for home mortgages, might have to raise an extra $75bn of funds between them...
...Lehman Brothers also gave back some of its gains on Tuesday, dropping 9.2 per cent to $42.23 after analysts at Sanford C. Bernstein said the bank could be exposed to further writedowns....
...The index of mainland stocks tradedin Hong Kong, or H shares, jumped 3.3 per cent to 11,438.75....
...The Greek telecoms group was buoyed by Goldman Sachs reiterating its “outperform” rating on the stock and Lehman Brothers upping its target price by 50 cents to €20....
...Next rose 1.2 per cent to £15.11 after UBS increased its price target from £17.75 to £18.50 and reiterated its “buy” recommendation....
...Several brokers cut their price targets, including Lehman Brothers, which moved from 190p to 170p....
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