Four banks to bail out Lehman's India businesses

In a move to soften the blow of Lehman Brothers' bankruptcy in the Indian stock and asset markets, four banks are set to take over its structured products businesses in India. Banks likely to make......

Lehman Bros faces exodus of senior executives

Five executives of the senior management team of New York-based financial services firm Lehman Brothers' Mumbai office have quit the organisation. This has happened at a time when Lehman Brothers......