Financial services major Nomura Holdings has posted a profit of 27.72 billion yen in the second quarter, buoyed by strong growth in retail and asset management segments and expansion of its business overseas.
The US Trustee, which oversees bankruptcy cases in New York, said on Friday it believes documents related to Lehman Brothers Holdings Inc`s probe of its asset sale to a Barclays Plc unit should be made public.
The administrator for Lehman Brothers Holdings Inc plans to seek permission to remove the claims against the bank from British courts and give out assets directly to creditors, the Wall Street Journal said.
Moody`s on Monday said there is always a risk of another major event sending shock waves in financial markets, even as Asian stocks may have rebounded from the lows post the collapse of Lehman Brothers last year.
In a key fallout of the global
economic crisis, which gathered steam with the collapse of
the Lehman Brothers exactly a year ago, countries will now be
more cautious amid the ballooning government debt across