Sep 19th, 2008 · Investment bank Lehman Brothers will soon be divided up and sold. British bank, Barclays is set to purchase Lehman's broker-dealer operations as well as its New York headquarters and New Jersey data centers. That leaves Lehman's commercial real estate assets, private equity investments and hedge fund investments.
Sep 17th, 2008 · The British bank Barclays agreed Wednesday to acquire Lehman Brothers' North American investment banking and capital markets businesses for $250 million in cash. Lehman filed for bankruptcy protection Monday after it was unable to find financing or fresh capital to shore up its balance sheet amid the continued downturn in the credit markets.
Jun 27th, 2008 · A week after two hedge fund managers were arrested in connection with the subprime mortgage meltdown, federal prosecutors may add to the indictments against the former Bear Stearns financiers. Investigators are trying to determine whether the men misled banks including Merrill Lynch, Barclays and Bank of America.
Apr 18th, 2008 · When property buyer Terry Collins was told he could buy one of London's finest hotels with only a $2 million down payment, he jumped at the chance. The Ritz is owned by the famously reclusive Barclay twins, so Collins didn't question why they weren't involved in talks. But the twins' purported agent was really a jobless truck driver.
Aug 24th, 2007 · The first ever playoffs in professional golf are under way. The FedEx Cup series has begun with the Barclays tournament at Westchester Country Club in New York. It's the first of four tournaments that will make up golf's inaugural post-season. There's a $10 million annuity for the winner -- and most of golf's big names are there, but not the biggest name. Tiger Woods is sitting out. Wall Street Journal sports reporter Stefan Fatsis talks with Robert Siegel.
Jul 12th, 2007 · Dave Barclay showed up for his friend's wedding in Wales after flying from Toronto. He called the groom for directions and discovered he was a year early. Barclay told the BBC: "He just said July the 6th, and if you tell a guy July 6th they're going to think it's this year."
Apr 23rd, 2007 · There is a fight brewing in Europe over one of the continent's oldest banks. Holland's ABN Amro announced today that it will merge with Barclay's Bank of the U.K in a $91 billion deal. But a consortium of other European banks is threatening to rip ABN Amro apart.
Apr 23rd, 2007 · Britain's Barclays plans to buy the Dutch lending firm AVN Amro in a deal valued at more than $91 billion. The merger would create a bank with nearly 50 billion customers, headquartered in Amsterdam.