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Showing 101 - 110 of 172 results for "Lehman Brothers"

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
... and the deposit rate at 3.6 per cent. China began cutting rates last 15 September this year - the same day that Lehman Brothers filed for bankruptcy. Taiwan's central bank cut its discount rate by 25 bps to 3 per cent - the third in a span of less than ...

Large instos to move admin in-house

MICHAEL HOBBS  |  FRIDAY, 17 OCT 2008
... up to date information on underlying investment holdings has become even more important after the collapse of Lehman Brothers and other implicated firms. "When companies try and get the complete exposure to Lehman's. Companies will want to understand ...

Neuberger Berman pledges money guarantee

RUTH LIEW  |  THURSDAY, 9 OCT 2008
Lehman Brothers subsidiary Neuberger Berman Management has put up its hand to be a part of the US Treasury Temporary Guarantee Program for Money Market Funds. The trustee board of bankrupt Lehman Brothers' asset management arm, along with all other ...

PE firms gobble Lehman Bros AM

RUTH LIEW  |  WEDNESDAY, 1 OCT 2008
Neuberger Berman, a subsidiary of the now defunct Lehman Brothers, along with a huge slice of the parent company's asset management business has been sold for $2.7 billion to private equity giants Bain Capital Partners and Hellman & Friedman. The transaction ...

Fortis bank $19.5bn bail-out 'stabilises' FIA

MICHELLE BALTAZAR  |  MONDAY, 29 SEP 2008
... billion Euro) rescue package to save the bank from following the collapse of its US banking counterparts such as Lehman Brothers. Belgium's Prime Minister Yves Leterme also said in international media reports that the savings of the bank's deposit holders ...

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
AEGON is expecting to suffer losses from its $466 million exposure to Lehman Brothers. During 2008, AEGON actively lowered its exposure to Lehman Brothers by approximately 20 per cent. By September 12, four days before Lehman Brothers filed for bankruptcy ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... risks of the US sub-prime mortgage crisis, particularly with what happened with Fannie Mae, Freddie Mac, AIG and Lehman Brothers. The credit crisis has highlighted the need for pension funds to better understand their role in the "investment chain" and ...

Nomura absorbs Lehman Bros Australia

MICHELLE BALTAZAR  |  TUESDAY, 23 SEP 2008
Around 3,000 Lehman Brothers employees, including those in Australia, will soon work for Nomura Holdings, after the Japanese investment firm inked a deal to buy Lehman Brother's entire franchise in Asia-Pacific. The deal is still subject to certain ...

Investment titans now governed by Fed

COMPANY RELEASES  |  MONDAY, 22 SEP 2008
... Morgan Stanley have morphed into bank holding companies - a historic move to avert a disastrous turn similar to Lehman Brothers and Bear Stearns. Goldman Sachs announced in a statement yesterday US time that it will become the fourth largest bank holding ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
... emerge that short-sellers are at the root of the current malaise in the financials sector - with Bear Stearns and Lehman Brothers among the casualties. In Australia, the Australian Securities and Investments Commission (ASIC) said it has extended its ...