HONG KONG (AFP) - Hong Kong banks that sold minibonds linked to now bankrupt Lehman Brothers have agreed to repay tens of thousands of investors up to 96.5 percent of their investment, regulators said Sunday. The sixteen banks will buy back a large chunk of the financial products at the centre of a ...

NEW YORK (AFP) - A US bankruptcy court Saturday approved the sale of key assets of fallen US investment bank Lehman Brothers to its British competitor Barclays. "The purchase agreement constitutes the highest and best offer for the purchased assets, and will provide a greater recovery for the ...

LONDON (AFP) - Barclays, the third biggest British bank, said Tuesday it was in discussions with Lehman Brothers about buying certain assets of the stricken US investment bank. "Barclays confirms that it is discussing with Lehman Brothers the possible acquisition of certain Lehman Brothers ...

WASHINGTON (AFP) - Embattled investment giant Lehman Brothers faced a weekend of scrambling for a buyer in the face of a massacre in its share price that threatened to sink the Wall Street bank, analysts said. Some reports and analysts said Lehman needed to find a buyer or risk a failure that ...