Sponsored by Barclays

The trustee in charge of liquidating Lehman Brothers Holdings Inc's brokerage business won court approval on Thursday to transfer about $1.6 billion to $1.7 billion of customer property to new accounts at Barclays Plc .

BlackRock Inc . Chief Executive Officer Laurence Fink is worried that some financial regulatory proposals under consideration could do more harm than good.

Barclays Capital has appointed Tim Broadbent to lead its U.S. Leveraged Loan Syndicate team, according to an internal memo, filling a gap left when Bill Hughes departed to join Citigroup.

Barclays completed the sale of its asset management arm to U.S. fund manager BlackRock on Tuesday for $15.2 billion, or $1.7 billion more than when it struck the deal in June after a jump in BlackRock's share price.

European banks were hit by concern about potential exposure to debt problems in Dubai on Thursday, while companies where Middle Eastern investors own big stakes also came under pressure.

Shares in banks, builders and companies part-owned in the Middle East fell around the world on Thursday and investors sought safety in government bonds on worries about Dubai's ability to pay its debts.

Burford Capital, the AIM-listed investor in corporate lawsuits -- said on Monday it has made its first two investments since raising 80 million pounds ($132.3 million) in an IPO last month.

Sands China Ltd raised US$2.5 billion when it priced its Hong Kong initial public offering at the bottom of an indicated range, a source familiar with the deal said on Saturday.

Lehman Brothers Holdings Inc has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show.

Qatar has sold half its Volkswagen preference shares, cashing in on recent gains and raising around 1.5 billion euros ($2.4 billion) for possible future deals.

Britain's top two banks, HSBC and Barclays , signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for three years in losses on U.S. consumer credit.

Britain's top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first drop in U.S. consumer finance impairments for three years.

Europe's biggest bank HSBC Holdings Plc said its underlying third-quarter profits were significantly ahead of a year ago and losses on U.S. consumer loans had shown their first fall in three years.

Barclays Plc said strong investment banking helped limit a fall in profit in the third quarter and it expects bad debts to peak earlier than it had previously expected.

Kraft Foods Incsaid on Monday it secured a $9.2 billion senior unsecured term loan to help finance its $16.4 billion hostile takeover bid for Britain's Cadbury Plc.

Defense contractor Northrop Grumman has agreed to sell its TASC consulting unit to two buyout firms, General Atlantic and Kohlberg Kravis Roberts & Co , for $1.65 billion, the companies said on Sunday.

Private equity firm TPG and the Canada Pension Plan struck on Thursday the biggest leveraged buyout deal of this year, worth $4 billion, to buy prescription drug sales data provider IMS Health Inc.

Kraft Foods Inc, which has secured a $9 billion bridge loan backing an expected bid for UK confectioner Cadbury, has been contacted by more banks keen to join the deal, senior bankers said on Wednesday.

European shares turned positive on Thursday after data showed the U.S. economy grew in the third quarter for the first time in a year as consumer spending and investment in new home-building rebounded.

Britain's leading shares were 1.8 percent lower around midday on Wednesday, with falls by heavyweight oils, miners and banks dragging the FTSE 100 .FTSE index to a three-week low.

Investors are shunning European bank shares after an EU-imposed break-up and retrenchment of Dutch ING Groep sparked fears Belgium's KBC and UK peers face tougher-than-expected sanctions in return for state aid.

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UBS AG hired a former Citigroup and Barclays Capital banker as managing director in its investment banking department in the Americas, as the Swiss company expects equity sales to increase in 2010.

Barclays Plc bought the bank arm of British insurer Standard Life Plc for 226 million pounds ($369 million) on Monday, in a move to build up its UK mortgage and savings business.

Barclays Plc bought the bank arm of British insurer Standard Life Plc for 226 million pounds ($369 million) on Monday, in a move to build up its UK mortgage and savings business.

Morgan Stanley may hand over its unit Crescent Real Estate Equities Co to Barclays Capital, the Wall Street Journal said, citing people familiar with the matter.

U.S. automaker Ford Motor Co may beat consensus estimates in the third quarter, an analyst at Barclays said, while raising his outlook for the quarter and upgrading the stock to equal weight from underweight.

European shares fell in afternoon trading on Tuesday after data showed new construction of U.S. homes rose by less than expected in September.

European shares were lower at midday on Tuesday, with banks the major losers after Qatar cut its stake in British bank Barclays (BARC.L).