Articles about Lehman Brothers Holdings

The Register breaking news

Lehman Brothers' India ops saved from economic meltdown

A Japanese financial services outfit has agreed to purchase Lehman Brothers' India-based operational support businesses, rescuing roughly 3,000 people - including 1,200 IT professionals - from the worldwide economic meltdown. The Tokyo-headquartered Nomura Holdings will acquire Lehman Brothers Services India Private Limited, …
Cade Metz, 07 Oct 2008

US tech spending growth to drop in 2009

IT sales in the US will take a hit from the economic turmoil currently rumbling through Wall Street in 2009, according to research firm Forrester. The company revised its predictions yesterday on the same day that computer maker Dell admitted it had been hit hard by "soft" sales. Forrester now says that year-over-year growth …
Kelly Fiveash, 17 Sep 2008
The Register breaking news

Wall Street shudders under Lehman collapse

America's financial institutions were sent reeling Monday, after the country's fourth-largest investment bank, Lehman Brothers Holdings, filed for bankruptcy . When takeover talks by Barclays Plc and Bank of America were abandoned yesterday, the 158-year-old bank collapsed under the subprime mortgage crisis it helped to shape …
Austin Modine, 15 Sep 2008