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....
...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....
...A complete picture might only emerge from the examiner’s report in Chapter 11 proceedings, which in the case of Lehman Brothers took 18 months to deliver....
...Then the failure of Lehman Brothers drove the industry off a cliff, forcing European and US governments to fund taxpayer rescues....
...Bear Stearns, Lehman Brothers and Merrill Lynch collapsed during the financial crisis. Survivors Morgan Stanley and Goldman Sachs have both since diversified their businesses....
...Sadly, Alameda did not put any money into this harmony-loving band comprised of a pair of brothers....
...If an asset can’t fully service the underlying debt, it of course matters....
...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....
...Barclays had taken a plunge by acquiring the US parts of Lehman Brothers when the investment bank imploded in 2008, but the deal quickly became a deadweight dragging the British bank down as well....
...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....
...Buying stakes in private equity groups has been a lucrative business for the former Lehman Brothers bankers, including Michael Rees and Sean Ward, who created Dyal in 2011....
...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....
...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....
...Nomura, which spent years recovering from the 2008 global financial crisis and its acquisition of key operations from Lehman Brothers, has given up on ambitions to compete with JPMorgan, Morgan Stanley and...
...The billionaire brothers, and TDR, will hold equal stakes in the UK’s third-largest supermarket, with Walmart holding on to a minority shareholding....
...Brothers....
...On the day that Lehman Brothers filed for bankruptcy in September 2008, the front page of the Financial Times carried a photograph of John Thain, the then chief executive of Merrill Lynch....
...That era, as you may recall, ended with the collapse of Lehman Brothers in 2008....
...And yet they still see their business as dependent on tangible goods and services....
...As shown in Table 1, in 2007, before the Lehman crisis, there was roughly $10tn of collateral pledged and $3.4tn of “source” or primary securities....
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