331 results found for:
korea exchange bank
Lehman fights for its future
The latest share sell-off, which saw the group's shares plunge by one third, follows disappointment that chief executive Richard Fuld has failed in his mission to win a capital injection from the government-controlled Korea Development Bank.
Embattled Lehman to unveil 'key' initiatives
Facing what may be billions of dollars in additional writedowns, the bank has examined options from selling a stake to a South Korean bank to spinning off its investment management unit. But state-run Korea Development Bank confirmed on Wednesday...
Nikkei Loses Further Ground on U.S. Financial Woes
...report that Korea Development Bank will buy Lehman shares worth 6 trillion won. In index futures trading, the key September contract on the Nikkei average closed down 60 points at 12,330 on the Osaka Securities Exchange....
Yesterday's Trading: Panic hits over Wall St pain
...Korea Development Bank had ended. A detailed explanation about what had effectively caused the total shut down was still not forthcoming, though shares of the London Stock Exchange recovered an initial 17p loss to trade 18p higher....
Lehman Brothers to report early after stock plummets
Lehman's options for raising fresh financing appeared to be running out after talks to sell a stake in the bank to the South Korean government-owned Korea Development Bank (KDB) were reported to have broken down.
Lehman shares sink ahead of announcement
...spokesman Scott Peterson said the exchange was monitoring trading in Lehman shares closely. Lehman shares sank on Tuesday after Dow Jones Newswires reported that talks on a possible investment from Korea Development Bank broke down, citing the...
Dollar tumbles to 12-month low
The breakdown of talks between Lehman Brothers and Korea Development Bank and a potential capital investment hit financial stocks hard in New York overnight, fuelling a fresh round of risk aversion and Japanese yen buying.
Wall St fears return as Lehman shares suffer 45% plunge
Lehman's options for raising fresh financing appeared to be running out after talks to sell a stake in the bank to the South Korean government-owned Korea Development Bank were reported to have broken down.
Lehman to report results early after stock dives
Lehman's shares fell $US6.36, to $US7.79 in Tuesday trading in New York after talks with Korea Development Bank ended. The bank ''refuses to take what it believes are fire-sale prices for its key assets,'' he said.
KDB tight-lipped on collapse of Lehman talks
SEOUL - State-owned Korea Development Bank (KDB) declined to comment on media reports that it had ended talks with Lehman Brothers on a possible investment in the troubled US lender. Last week Mr Sung confirmed KDB was in talks with the subprime...