By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Organization of Securities Commissions (IOSCO) Wednesday unveiled eight (8) principles on the protection of client assets. IOSCO in a Statement made available to InvestAdvocate says the final report on recommendations regarding the protection of client assets seeks to help regulators improve the supervision […]
Tag: Lehman Brothers
In post-Lehman clean-up, top banker prosecutions stumble
Will top bankers’ behavior ever land them in jail? Or are bad business decisions even a crime at all? Five years on from the bankruptcy of Lehman Brothers, the debate over how to hold senior bank bosses to account for failures is far from over, but legal sanctions for top […]
Barclays to launch €6.8bn rights issue
Barclays is set to launch its £5.8bn (€6.83bn) rights issue in two weeks, possibly on the fifth anniversary of its takeover of the US operations of Lehman Brothers. The one-in-four offer, priced at 185p a share, is expected in the third week of September, according to sources. Barclays did the […]
