Lehman Brothers

Lehman Brothers' creditors will have to wait to have assets totaling almost $9bn returned to them after the UK courts today dismissed an appeal to speed up the recovery process.

Three adviser firms have been referred to the FSA's enforcement division over failings relating to Lehman-backed structured product sales.

Structured product provider Arc Capital & Income has today gone into administration.

The joint administrator of structured product provider NDFA has confirmed it will not be progressing with the Defined Income Plan August 2009.

The administrators of structured product providers NDFA and DRL say their priority is to confirm investor funds have been segregated from the firms' business accounts.

A year since the collapse of Lehman Brothers, the anniversary of the bank's demise has resurrected concerns over counterparty risk. Investors still eye derivative-based products and other seemingly complex investments with much suspicion and have become...

A year on from the collapse of Lehman Brothers, providers of structured products backed by the bank say it will be years before their clients receive compensation.

Clients are scrutinizing even the most basic investment recommendations of their IFA as trust wavers following the collapse of Lehman Brothers, advisers say.

Warren Buffett has revealed in an interview with CNBC that his Berkshire Hathaway group was asked to help save AIG and Lehman Brothers as the financial giants stood on the brink of collapse last autumn.

The rump of the defunct Wall Street bank Lehman Brothers has accused Barclays of milking its collapse to the tune of $8.2bn by securing a "secret" windfall on the purchase of its US operations from bankruptcy, the Guardian reports.