Barclays PLC, London, has confirmed its interest in a possible acquisition of "certain Lehman Brothers assets on terms that would be attractive to Barclays shareholders." The British-owned investment bank said there would be "no assurance that the discussions will result in an agreement." The company also has confirmed that it "considered a combination with Lehman Brothers" prior to Lehman Brothers Holding Inc.'s bankruptcy filing and "did not proceed because it was not possible to conclude a transaction in the best interests of Barclays shareholders."
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









