PHILADELPHIA, Feb 27 - William Fox, a turnaround specialist at advisory firm Alvarez & Marsal, will become chief financial officer of bankrupt Lehman Brothers Holdings Inc, a company spokeswoman said on Friday. David Coles, a...
Joseph Yam Chi-kwong, the chief executive of Hong Kong Monetary Authority (HKMA), the city's de facto central bank, said he feels distressed that the reputation of Hong Kong banks has been hurt by the unsettled issue on Lehman Brothers minibond, the Standard reported.Yam said, early last year, some...
NEW YORK, Feb 19 - The judge overseeing the bankruptcy of failed U.S. investment bank Lehman Brothers Holdings Inc approved on Thursday the plan under which the independent examiner will look into Lehman's collapse, with...
NEW YORK, Feb 11 - A judge overseeing the bankruptcy of collapsed U.S. investment bank Lehman Brothers Holdings Inc has approved a motion allowing an independent examiner to issue subpoenas for documents and witnesses related...
NEW YORK, Feb 1 - Bankrupt Lehman Brothers Holdings Inc is considering a plan to put illiquid assets into two companies and give creditors stock in them instead of cash, the Financial Times reported on...
TOKYO, Nov 27 - UBS AG has been hired to arrange the sale of real estate loans extended by the Japanese unit of failed investment bank Lehman Brothers, four people familiar with the matter said....
NEW YORK, Nov 20 - Bryan Marsal, currently chief restructuring officer of bankrupt Lehman Brothers Holdings Inc , will take over as chief executive of the company after the close of business on Dec. 31,...
HONG KONG, Nov 12 - Hong Kong lawmakers voted late on Wednesday to invoke special powers for a probe into alleged misconduct by banks who sold investors failed Lehman Brothers investments, as pressure built on...
NEW YORK, Nov 6 - Bear Stearns and Lehman Brothers executives that survived the collapses of their firms and found new jobs should get bigger bonuses than their peers at Goldman Sachs Group Inc, a...
NEW YORK, Nov 5 - Lehman Brothers Holdings Inc on Wednesday held off requests by creditors seeking to regain access to more than $300 million worth of assets caught up in the collapse of the...