Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 178 results for %22Lehman Brothers%22

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... eventually go away. Perhaps AIG was indeed the culprit in the first trading day of March's sell-off. Just like Lehman Brothers did the first wave last year. The question is when will this cycle of too big to fail institutions' losses covered up by taxpayers' ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... property remains greater than the reward. Investors could buy blue chips and AAA-rated securities. Two words. Lehman Brothers. As long as fear remains ingrained in the collective market psyche, even free money becomes scary.

If in doubt, stop securities lending: WW

MEDIA RELEASE  |  FRIDAY, 28 NOV 2008
... Regarding counterparty risk, lending agents were able to re-purchase most clients' assets within two days of the Lehman Brothers default. While the lending industry coped well with the process, it highlighted the risks involved. On collateral, the firm ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
... government's bail-out of Citigroup shows that policymakers have learnt the lessons of September when the collapse of Lehman Brothers launched financial market panic of seismic proportions. The 158-year old Lehman Brothers - may it rest in peace -- did ...

Main Street is burning

BENJAMIN ONG  |  TUESDAY, 18 NOV 2008
... many more months later that the country is already in recession. If it looks like a duck....... Citigroup - like Lehmann Brothers and other financial institutions - may now be paying for its greed but it is its employees that are hurting - all 53,000 ...

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 ...