Is India safe- What will be the effect on india
Lehman Brothers has filed for Chapter 11 bankruptcy after Barclays and Bank of America abandoned talks to buy the company.
Lehman said that no broker-dealer subsidiaries will be included in bankruptcy filing. It added that it is exploring sale of its broker-dealer operations. It further said that it is in advanced talks with potential buyers for investment management division.
Lehman added that the customers of the company may continue to trade/take action with respect to their accounts.
Blog Archive
-
►
09
(12)
-
►
6
(9)
- Sensex may retest 10-12K levels
- Sensex may move towards 21,000 by 2011
- The market breadth was in favour of declines
- Mkts extend losses: power, banking , capital good...
- Sensex target at 19500: Morgan Stanley Bullish on ...
- India's current valuation premium of 30% is justif...
- Fundamental turnaround will depend on government m...
- midcaps continue to outperform selectively,
- Chetan Ahya of Morgan Stanley bull case target for...
-
►
6
(9)
