Hints and tips:
...It bought Lehman Brothers’ Asian and European assets in 2008 to try to compete with Wall Street giants such as JPMorgan and Goldman Sachs....
...When Eddie Middleton and Tiffany Wong worked on the liquidation of Lehman Brothers’ vast Asian operations, it must have seemed like the largest and most complicated task they would ever take on....
...Fifteen years ago, the financial world became obsessed with bank capital ratios. For after Lehman Brothers imploded, there was a race to tighten capital and liquidity standards....
...For the bank, it was a first attempt at a major overseas acquisition since its purchase of Lehman Brothers’ Asian and European assets in 2008....
...Instead, he has worked on the liquidation of two of the most important companies to have collapsed in that time: Lehman Brothers and China Evergrande....
...Barclays insiders joke that executives within its New York operation never noticed they were no longer working for Lehman Brothers after the UK bank bought the operation in 2008....
...And the riskiest business to be in was subprime mortgage. So Citi ran right into it....
...Lehman Brothers-branded baseball caps fetch hundreds of dollars on eBay, after all....
...A Finnish economy minister likened the liquidity crunch in the power sector to the Lehman Brothers financial contagion. That mischaracterises the problem....
...As a group, they have chopped their allocations to equities to the lowest level since the collapse of Lehman Brothers in September 2008, according to Bank of America’s widely followed monthly fund manager...
...Then the failure of Lehman Brothers drove the industry off a cliff, forcing European and US governments to fund taxpayer rescues....
...A year later, the collapse of Lehman Brothers brought home the reality: the global financial system was on the brink and it was time to nationalise institutions at the commanding heights of British banking...
...Bear Stearns, Lehman Brothers and Merrill Lynch collapsed during the financial crisis. Survivors Morgan Stanley and Goldman Sachs have both since diversified their businesses....
...To assess the potential impact on the global economy of international sanctions against Vladimir Putin’s Russia, it is instructive to look back to the 2008 financial crisis and the fall of Lehman Brothers...
...Lehman Brothers, in 2006, decided it was a smart use of funds to sponsor the annual varsity rugby match between Oxford and Cambridge universities, presumably with an eye to recruiting would-be investment...
...Here’s the key blurb: This, in our view, is the most important reason the parallels with Lehman are overblown. Quite simply, financial crises are liability-side driven....
...Mr Okuda’s close involvement in the integration of Lehman Brothers’ non-US businesses after their 2008 acquisition, said people who worked alongside him, had given him a clear sense of how resistant Nomura...
...“Before the financial crisis it would have been hard to compete with a Lehman Brothers in providing liquidity. But now we have a role to play in the ecosystem,” he says....
...From Shearson Lehman, Schlosstein brought Susan Wagner and, later, Hugh Frater, two of its smartest mortgage bond specialists....
...Its past is befouled with crises and misadventure, not least its disastrous purchase of the failed Lehman Brothers operations in 2008....
...When you think of the most coveted brand names in fashion, you may not think of Lehman Brothers, Merrill Lynch or Bear Stearns — let alone Enron or Bernie Madoff....
...One example was SSG, an Asia-focused fund set up by former Lehman Brothers executives, now owned by the US-based asset manager Ares....
...A thriving marketplace for tongue-in-cheek banker fashion — vintage banker bags (like this one) from fallen companies such as Lehman Brothers and Bear Stearns — is drawing big money from young money....
...The people who bet against the market made a great deal of money — there really was a Big Short — while investment banks such as Lehman Brothers went bust....
...Nomura’s overseas businesses, which are partly a legacy of its 2008 acquisition of Lehman Brothers’ assets, have historically been a source of volatile earnings, runaway costs and thwarted ambitions....
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