Lehman Brothers

Sanjeev Shah's move to add a basket of financial stocks at the height of market fear following the Lehman fall has paid off for his top-decile Fidelity Special Situations fund.

Financial institutions have a long way to go before they can expect to win back the trust of financial advisers, Chris Cummings says.

On the first anniversary of the collapse of Lehman Brothers, fund management groups agree it was the "erroneous" decision to let the investment bank fail which almost crippled the global financial system.

Multi-managers believe the equity rally still has further to go despite the strong recent run pushing markets towards pre-Lehman levels.

A breakdown in communications at the highest level between the US and the UK led to the shock collapse of the investment bank Lehman Brothers in September last year, a Guardian investigation has revealed.

London units of Lehman Brothers are among those claiming up to $100bn (£67.1bn) from the defunct bank as its winding-up gathers speed.

High Court rules it cannot endorse PwC proposal to speed up the return of assets to creditors, but firm says it may appeal

Creditors of the defunct Wall Street bank Lehman Brothers have been dealt a blow after the High Court rejected a scheme put forward by the administrators for the firm's European arm.

The Financial Ombudsman (FOS) has agreed to defer by three months its decisions on complaints relating to Lehman Brothers-backed structured products.

An elderly war widow has won a stunning victory against Lloyds TSB after she was advised to gamble her life savings on the stock market.