Financial Regulatory Forum

Lehman Europe administrator to offer new asset plan after losing appeal

The exterior of the world headquarters for Lehman Brothers is seen in New York September 15, 2008. REUTERS/Shannon Stapleton (UNITED STATES)   By Tom Freke
LONDON, Nov 6 (Reuters) – The administrator of Lehman Brothers’ European arm will proceed with a revised plan to return billions of hedge fund assets after a London appeal court on Friday rejected earlier proposals.

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Europe arm to claim $200 bln from Lehman – PricewaterhouseCoopers

LONDON (Reuters) – The administrator of Lehman Brothers in Europe expects to claim more than $200 billion from other parts of the failed investment bank, he told the Reuters Restructuring Summit on Monday.

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ANALYSIS-Fatter capital rules mean lean times for big banks

By Kevin Drawbaugh

WASHINGTON, Sept 9 (Reuters) – Banking is supposed to be boring.

That’s the quip that lobbyists and congressional aides use, only half-jokingly, to explain what’s in store for the banking industry as governments crack down with tighter regulation.

From higher capital standards and tighter oversight, to slimmer profits and smaller bonuses, global banking promises to be a duller and less lucrative business in years ahead. (more…)

London court blocks move to claim Lehman assets

LONDON, Aug 21 (Reuters) – Clients of Lehman Brothers in Europe may have to wait longer to get their assets back after a judge blocked a move to speed the unwinding of the bankruptcy, accountants warned on Friday.

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EU clears German crisis plan for export-credit insurance

BRUSSELS, Aug 5 (Reuters) – The European Commission approved on Wednesday a short-term export-credit insurance scheme adopted by the German government to limit the impact of the financial crisis on export companies. (more…)

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