Lehman, BofA Seal Derivatives Deal

Lehman Brothers Holdings Inc. has struck a deal with Bank of America and Merrill Lynch to reduce by more than USD4 billion their derivatives claims against the liquidating investment bank.

  • 30 Sep 2011
Lehman Brothers Holdings Inc. has struck a deal with Bank of America and Merrill Lynch to reduce by more than USD4 billion their derivatives claims against the liquidating investment bank.

Click here to read the story from The Wall Street Journal

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