Barclays to buy Lehman Brothers' HQ in New York

By A staff reporter 2008-09-18T00:00:00

British bank Barclays announced on Wednesday that it has agreed to acquire Lehman Brothers North American investment banking and capital markets operations. The deal, subject to US court approval, will include trading assets worth £40bn and trading liabilities valued at £38bn, the bank said in a statement. Barclays said that ...

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