(Bloomberg) -- JPMorgan Chase & Co. and CitigroupInc. helped cause the failure of Lehman Brothers Holdings Inc.by demanding more collateral and changing guarantee agreements,according to a report on the biggest bankruptcy in U.S. history. “The d
Investors have been net buyers for the past three weeks of bonds issued by Greece and other so- called peripheral European nations with widening deficits, including Spain, Portugal and Ireland, Citigroup Inc (C:NYSE). said. Investors also turned net
Asian stocks gained and the yen weakened amid speculation Japan’s central bank will add more funds to its financial system. Emerging-market currencies strengthened as rising confidence in Greece’s ability to pay its debt shored up demand for riskier
JPMorgan Chase & Co. and Citigroup Inc (C:NYSE). helped cause the failure of Lehman Brothers Holdings Inc. by demanding more collateral and changing guarantee agreements, according to a court-ordered report on the biggest bankruptcy in U.S. hist
JPMorgan Chase & Co. and Citigroup Inc (C:NYSE). helped cause the illiquidity that led to the collapse of Lehman Brothers Holding Inc., the bankrupt bank’s examiner said today in a report filed in Manhattan federal court. Lehman tumbled into its
Bank of America Corp. (NYQ:BAC) Chief Executive Officer Brian Moynihan said the lender, the biggest in the U.S., can absorb losses on its $149 billion home-equity loan portfolio even after the four-year slump in housing prices. We’re comfortable tha
General Electric Co (NYQ:GE). is hiring back workers as the U.S. economy has begun to expand and growth in emerging markets has continued unabated, Chief Executive Officer Jeffrey Immelt said. In the last few months we have added back employees, Imm
General Electric Co (NYQ:GE). is hiring back workers as the U.S. economy has begun to expand and growth in emerging markets has continued unabated, Chief Executive Officer Jeffrey Immelt said. In the last few months we have added back employees, Imm