lehman brothers

French bank Natixis said Thursday it swung to a loss in the third quarter after setting aside money for its exposure to the bankruptcy of Lehman Brothers and Icelandic banks, and warned that "chaotic" market conditions would lead to further losses this year.

An investigation will be launched in Hong Kong into the sale of financial products linked to collapsed U.S. investment bank Lehman Brothers after lawmakers voted overwhelmingly for a probe.

Investors in financial products tied to failed Wall Street investment firm Lehman Brothers have sued in a Hong Kong court, claiming they were duped by the local banks who sold the now worthless products, according to a media report Friday.

The chief executive of fallen investment bank Lehman Brothers will step down by the end of the year without severance or a bonus, a spokesman said Wednesday.

Investors in financial products linked to collapsed U.S. investment bank Lehman Brothers Holdings Inc. scuffled with security guards at a bank in Hong Kong on Friday, as some 200 people protested in the financial district against institutions that sold the now worthless products.

OfficeMax Inc. delayed its third-quarter results on Wednesday, saying it needed extra time to determine the size of a non-cash impairment charge related to the bankruptcy of Lehman Brothers Holdings Inc.

Singapore's DBS Group said 103 million Singapore dollars ($68 million) of structured notes linked to bankrupt U.S. brokerage Lehman Brothers Holdings are now worthless.

Former Lehman Brothers Holdings CEO Richard Fuld has been subpoenaed in an ongoing federal investigation of the demise of the bank...

Federal prosecutors investigating the collapse of Lehman Brothers have subpoenaed several executives associated with the company, including former CEO Richard Fuld, according to a person briefed on the inquiry.

The Times of London reports that just three days before going bankrupt, the board of Wall Street financial giant Lehman Brothers “signed off on more than $100m (£59m) in payouts to five top executives.”