British-based emerging markets bank Standard Chartered said Monday that it has agreed to buy the Brazilian activities of failed US investment bank Lehman Brothers for an undisclosed amount.

British-based emerging markets bank Standard Chartered said Monday that it has agreed to buy the Brazilian activities of failed US investment bank Lehman Brothers for an undisclosed amount.

Hong Kong`s Consumer Council said Friday it was considering suing banks which allegedly mis-sold mini-bonds backed by failed US investment bank Lehman Brothers as risk-free investments.

ANNECY, France, Oct 23, 2008 (AFP) - French President Nicolas Sarkozy on Thursday said the United States' decision not to save the Lehman Brothers bank was an 'irresponsible policy.'

In a speech to business leaders, Sarkozy praised himself and his government for intervening to prop up troubled French banks.

BERLIN, Oct 23, 2008 (AFP) - German public retirement insurance and health insurance funds invested a little more than 100 million euros (128 million dollars) with failed US investment bank Lehman Brothers, the government said on Thursday.

Hong Kong banks on Friday agreed to buy back controversial `mini-bonds` linked to failed US investment house Lehman Brothers at market value, an industry spokesman said.

The extraordinary move came as regulators in the southern Chinese financial hub said they had referred 24 cases of possible mis-selling of the investment products to the Securities and Futures Commission (SFC).

Chinese aluminium giant Chinalco insisted Friday its multi-billion dollar investment in Anglo-Australian miner Rio Tinto was safe, amid reports the collapse of Lehman Brothers had put it at risk.

Hong Kong`s chief executive Donald Tsang said Wednesday that some city banks had been found to have mis-sold financial products backed by failed US investment bank Lehman Brothers.

He demanded the banks indicate this week whether they will adopt a government proposal requiring them to buy back the products from investors at their market value.

SAO PAULO, Oct 14, 2008 (AFP) - A Brazilian investment firm, Banking and Trading Group (BTG), said Tuesday it had bought the Brazilian subsidiary of failed US investment bank Lehman Brothers for an undisclosed sum.

HONG KONG, Oct 13, 2008 (AFP) - Retired security guard Tam Kai-biu does not like to take risks.

The 74-year-old never gambles on the horses or the lottery. When his banks tried to sell him an investment product, he would say: 'Please, I don't need any funds or stocks.'

PARIS, Oct 8, 2008 (AFP) - French Finance Minister Christine Lagarde on Wednesday traced the start of the gobal financial meltdown to the United States' 'dramatic' decision not to save the Lehman Brothers bank.

HONG KONG, Oct 8, 2008 (AFP) - Furious investors clashed with police outside Bank of China's Hong Kong headquarters Wednesday and demanded the repayment of investments linked to failed US bank Lehman Brothers.

Scuffles erupted outside the Bank of China building, as protesters tried to push through the police's barricade, an AFP photographer at the scene said.

Lehman Brothers, which fell victim to the credit crunch last month,
lobbied the US Federal Reserve to be given access to liquidity this
summer but was turned down, the Financial Times reported

Japan's top broker Nomura Holdings said Monday it would buy Lehman
Brothers' IT support hub in India, taking on another 3,000 workers as
it picks up the pieces from the Wall Street giant's collapse.

TOKYO, Oct 6, 2008 (AFP) - Japan's top broker Nomura Holdings said Monday it would buy Lehman Brothers' IT support hub in India, taking on another 3,000 workers as it picks up the pieces from the Wall Street giant's collapse.

Denmark's leading bank Danske Bank said Monday it expected credit
losses of 1.8 billion kroner (241 million euros, 328 million dollars)
in the third quarter, including writedowns on facilities with Lehman
Brothers

TOKYO, Oct 6, 2008 (AFP) - Japan's top broker Nomura Holdings said Monday that it had agreed to acquire Lehman Brothers' operations in India, giving jobs to 3,000 more workers from the bankrupt Wall Street giant.

TOKYO, Oct 6, 2008 (AFP) - Japan's top broker Nomura Holdings said Monday that it had agreed to acquire Lehman Brothers' IT support operations in India, giving jobs to 3,000 more workers from the bankrupt Wall Street giant.

WASHINGTON, Oct 6, 2008 (AFP) - US lawmakers Monday grilled the head of Lehman Brothers demanding he justify some 500 million dollars he had earned since 2000, as well as huge bonuses sought for top executives even as the bank failed.

WASHINGTON, Oct 6, 2008 (AFP) - US lawmakers Monday grilled the head of Lehman Brothers demanding to known why he had earned hundreds of millions of dollars from the failed bank, and also approved huge bonuses for top executives as it began to struggle.

LONDON, Oct 5, 2008 (AFP) - US bank JPMorgan Chase stands accused of precipitating the collapse of American investment bank Lehman Brothers by freezing Lehman assets days before it filed for bankruptcy protection, the Sunday Times reported.

TOKYO, Oct 3, 2008 (AFP) - Japan's top broker Nomura Holdings Inc. is to buy bankrupt Lehman Brothers' global back-office operations based in India, retaining the workforce of more than 2,000, newspapers said Friday.

HONG KONG, Oct 2, 2008 (AFP) - Hong Kong's financial services chief on Thursday weighed in on the dispute over the possible mis-selling of investment products backed by failed US bank Lehman Brothers.

Chan Ka-cheung, secretary for financial services, met representatives of 21 banks, who are accused by disgruntled investors of mis-selling 'mini-bonds' that could now be worthless.

HONG KONG, Oct 2, 2008 (AFP) - Hong Kong's financial services chief on Thursday weighed in on the dispute over the possible mis-selling of investment products backed by failed US bank Lehman Brothers.

Chan Ka-cheung, secretary for financial services, met representatives of 21 banks, who are accused by disgruntled investors of mis-selling 'mini-bonds' that could now be worthless.

LONDON, Sept 30, 2008 (AFP) - Irish Finance Minister Brian Lenihan criticised the US government Tuesday for failing to prevent the collapse of investment bank Lehman Brothers amid the world economic chaos.

'My personal view is that the United States authorities were mistaken in permitting that bank to go to the wall,' Lenihan said.

TOKYO, Sept 26, 2008 (AFP) - Japan's top broker Nomura Holdings Inc. will pay just two dollars for bankrupt Wall Street giant Lehman Brothers' operations in Europe and the Middle East, a report said Friday.

TOKYO, Sept 23, 2008 (AFP) - Nomura Holdings said Tuesday it will buy the European and Middle Eastern equities and investment banking operations of Lehman Brothers for an undisclosed sum.

The announcement came a day after the top Japanese brokerage group confirmed a deal to buy all Asian operations of the collapsed US investment firm.

TOKYO, Sept 23, 2008 (AFP) - Japan's Nomura Holdings said Tuesday it will buy Lehman Brothers' operations in Europe and the Middle East, sharply raising its global presence after acquiring the fallen Wall Street titan's Asian side.

TOKYO, Sept 22, 2008 (AFP) - Top Japanese brokerage group Nomura Holdings has won a deal to buy the entire Asian operations of failed US investment firm Lehman Brothers Holdings, two sources said on Monday.

'It should become official later today,' one of the sources told Dow Jones Newswires, declining to specify the amount Nomura will pay.

TOKYO, Sept 22, 2008 (AFP) - Top Japanese brokerage group Nomura Holdings is ahead in bidding for the Asian operations of failed US investment firm Lehman Brothers Holdings, sources said on Monday.

'Nomura made the highest bid and they're ahead,' a person familiar with the matter told Dow Jones Newswires.

TOKYO, Sept 22, 2008 (AFP) - Top Japanese brokerage group Nomura Holdings has won a deal to buy the entire Asian operations of failed US investment firm Lehman Brothers Holdings, two sources said Monday.

'It should become official later today,' one of the sources told Dow Jones Newswires.

TOKYO, Sept 22, 2008 (AFP) - Japanese financial institutions, spared the worst of the subprime crisis, reached out Monday to take big stakes in US titans crushed by a global credit crunch.

MANILA, Sept 22, 2008 (AFP) - The Philippines' biggest lender said Monday it had asked a local court to place under rehabilitation two local units of collapsed US investment bank Lehman Brothers.

TOKYO, Sept 22, 2008 (AFP) - Top Japanese brokerage group Nomura Holdings Inc. confirmed on Monday that it had won a deal to buy all Asian operations of collapsed US investment firm Lehman Brothers.

Nomura Holdings said it would offer employment to all 3,000 Lehman Brothers' workers in Asia.

LONDON, Sept 22, 2008 (AFP) - Top Japanese brokerage group Nomura Holdings is understood to be the preferred bidder for the European operations of failed US investment firm Lehman Brothers, a report said Monday.

TOKYO, Sept 22, 2008 (AFP)