Tag Archives: charter-one-financial-inc
Mizuho Said to Hire Ex-Lehman Electronic Trading Team
Bloomberg – Mizuho Financial Group Inc., Japan’s second-largest bank by revenue, will start electronic trading in Asia after hiring a team of 16 former Lehman Brothers Holdings Inc. employees, two executives familiar with the plan said. The team, led by […]
Morgan Stanley’s Mack Says Some Hedge Funds May Fail
Bloomberg – Morgan Stanley Chief Executive Officer John Mack said tumbling markets may drive some hedge funds out of business, prompting his firm to “resize.” “Friends in that community say that by year-end, you’ll see the number of firms in the […]
Lehman Goes Banktrupt in High Profile Casualty Case
West Palm Beach (HedgeCo.net) – Lehman Brothers, Wall Street’s fourth biggest investment bank has filed for bankruptcy, making it the largest and highest-profile casualty of the global credit crisis, with approximately $639 billion in assets. The bank said the Chapter […]
