China Financial News Headlines

September 19, 2008

Lehman Brothers Focus

Filed under: financial news — Tags: , — Nancy @ 7:53 pm -0500

Construction Bank said that they held Lehman Brothers bonds of 191,400,000 dollars
Construction Bank, on the evening of 19th, released announcement, that up to the date the bank and its membership group (called “original corporation” for short), held Brothers related bonds of 191,400,000 dollars.

Lehman doomsday Chronicle
Sept. 9th, Brothers on Wall Street spread the news of risk, fear spreading. The Korea Development Bank plans to ask the bankruptcy M & A, so Brothers almost come to an untimely end.

Huaan pay to resolve the Lehman crisis by themselves
Brothers filed for bankruptcy protection, with the result that a subsidiary operation of Huaan of the business is affected.

Chinese-funded banks related to Lehman amount to 9 The risk of exposure amount to 380,000,000 dollars
Chinese-funded banks related to include ICBC, Bank of China, Construction Bank, China Merchants Bank, Minsheng Bank, CITIC and so on.

AIG chaged its CEO as Edward M. Liddy
September 20th 2008, announced, that directorate nominated Edward M. Liddy as the CEO.

Related posts:

  1. Aftermath Of Lehman Bankruptcy
    Hong Kong banks has agreed to buy back the market value of bonds Lehman of...
  2. The acquisition of the Lehman
    Barclays will purchase part of the Lehman Brothers’ business Intelligence sources, Barclays Group (Barclays PLC)...
  3. The bonds
    80 billion yuan in railway construction bonds set up the largest circulation of the year...
  4. Focus Of Funds
    Kazakhstan dispensed thousands of billions to overcome the finance crisis from State Funds China Xinhua...
  5. The auto industry
    British car industry called for more government aid After went to Washington to apply for...

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