When Lehman Brothers collapsed in September 2008, Barclays Capital (BarCap) seized its chance. After years of organic growth, the UK-headquartered bank expanded its operations in one fell swoop by taking on Lehman’s US investment banking and fixed-income and equities sales, trading and research operations.
The deal attracted considerable attention and is still doing so thanks to a recent Manhattan bankruptcy court hearing.
Lehman’s bankruptcy trustees and creditors are trying to recoup over $11 b
The week on Risk.net, December 2–8, 2017Receive this by email