All Posts Tagged With: "barclays"
Japan’s Nomura Broadens Horizons With Purchase of Bankrupt Lehman Assets
Nomura Holdings Inc. (ADR: NMR) yesterday (Monday) snapped up bankrupt Lehman Brothers Holdings Inc.’s (OTC: LEHMQ) Asia assets, and is close to inking a deal for its European units as well.
Tokyo-based Nomura will pay $225 million for Lehman’s Asia-Pacific operations. As part…
23Sep2008 | Money Morning | 0 comments | ContinuedGoldman Weathers Storm, Barclays Bargain Hunts
Goldman Sachs Group Inc. (GS) and Barclays PLC (BCS) yesterday (Tuesday) continued to avert the perils posed by the economic catastrophe that has ensnared the financial sector, as the former reported earnings that, again, topped Wall Street estimates and the latter endeavored…
17Sep2008 | Money Morning | 0 comments | ContinuedE.U. Stocks Slide as ECB Gears Up to Fight Inflation with Higher Rates
European stocks were gutted yesterday (Thursday) as banks took heavy losses in the face of more hawkish inflation comments from European Central Bank (ECB) President Jean-Claude Trichet that put pressure on already struggling financials.
The Dow Jones Stoxx 600 closed down…
29Jun2008 | Money Morning | 0 comments | ContinuedBarclays Gets a $927 Million Jump Start as Japanese Banks Ramp Up Overseas
Barclays PLC (ADR: BCS), the United Kingdom’s fourth-largest bank, may get a $927 million cash infusion from Japan’s Sumitomo Mitsui Financial Group Inc. by the end of the month. The investment, which will be made through the group’s Sumitomo Mitsui…
21Jun2008 | Money Morning | 0 comments | Continued
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