Search Results for: Lehman Brothers
Lehman Brothers pension scheme payout agreed
August 19th, 2014
Members of the Lehman Brothers Pension Scheme will receive their benefits in full after a £184m settlement was reached in the six-year legal battle that followed the firm’s insolvency. The Pensions Regulator (TPR) announced today that a settlement had ...
J.P. Morgan to Pay $1.42 Billion to Settle Most Lehman Claims
January 26th, 2016
Deal doesn’t resolve all of failed investment bank’s claims against J.P. Morgan J.P. Morgan Chase & Co. has agreed to pay the remnants of Lehman Brothers Holdings Inc. $1.42 billion in cash to settle most of the failed investment bank’s ...
Barclays to Sell Former Lehman Bond Benchmarks to Bloomberg
December 17th, 2015
Bank makes $721 million gain selling analytics, index business Sale comes as new CEO Jes Staley speeds up non-core disposals Barclays Plc agreed to sell the indexing business built around former Lehman Brothers benchmarks to Bloomberg LP for about ...
Ernst & Young settles with N.Y. for $10 million over Lehman auditing
April 16th, 2015
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, the New York attorney ...
Gold Is Now “Unobtanium”
March 30th, 2020
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: “Coronavirus Sparks a Global Gold Rush Epic shortage spooks doomsday preppers and bankers alike; ‘Unaffordium and unobtanium.’ ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
Gold Jumps To Crucial Technical Level. Important Action Coming Up
January 26th, 2018
After what seems like a decade in the shadow of tech stocks and cryptocurrencies, gold and silver are rocking again. Which of course leaves everyone wondering if this is the beginning of the long-awaited epic run, or just a ...
Bitcoin trading in 2018
December 7th, 2017
2017 has been a phenomenal year for bitcoin. At the beginning of the year, when the price was just $966, very few people thought it was worth a second thought. It’s hard to imagine now, but just one year ...
Betting on market volatility? Here’s what you need to know
August 8th, 2017
The CBOE Volatility Index, or VIX, is a key measure of market expectations of a near-term volatility conveyed by S&P 500 stock index option prices. The VIX has closed 17 times below 10 this year and close to 50 ...
HKEX released Q1 Results
May 11th, 2017
The board of directors of Hong Kong Exchanges and Clearing Limited (HKEX ) has issued an announcement to publish the unaudited consolidated results of the Group for the three months ended 31 March 2017. Key messages Revenue and other income ...
