56 results about this entity
Period: 04 May 2004 - 14 Aug 2013
News
UK trading systems vendor Fidessa has warned of declining visibility in its financial forecasting stemming from increased consolidation in the investment banking sector and "further pressure on expenditure at a number of our customers".
20 October 2008
UK IT services group Morse says it will record a £500,000 charge in the third quarter relating to the collapse of US investment bank Lehman Brothers.
17 October 2008
Barclays Capital has been forced to file a legal relief motion relating to its acquisition of Lehman Brothers' US assets after a reformatting error with an Excel spreadsheet resulted in 179 contracts being mistakenly included in the purchase agreement.
15 October 2008
Japanese securities firm Nomura says it will acquire the Indian back office and technology operations of bankrupt Lehman Brothers. Financial terms of the agreement were not disclosed.
06 October 2008
US financial technology vendor Fundtech says it will record a charge in the third quarter of up to $600,000 relating to the bankruptcy of Lehman Brothers.
22 September 2008
The bankruptcy of Lehman Brothers and acquisition of Merrill Lynch by Bank of America will contribute to a fall of nearly 15% in IT spending by the securities industry in North America next year, according to Tabb Group.
19 September 2008
The purchase of Lehman Brothers' North American investment banking business by UK bank Barclays will include most of the defunct institution's technology, according to early reports.
18 September 2008
The largest clearing house in Europe, LCH.Clearnet, has selected Tata Consultancy Services (TCS) Financial Solutions Bancs product as the underlying system for its multi-asset derivatives clearing platform.
Opportunistic cyber-squatters are seeking to capitalise on the rush of emergency mergers on Wall Street by snapping up domain names related to the collapsed banks and their buyers.
17 September 2008
From a technology perspective, the US securities industry has shrunk by around six per cent in recent days following Lehman Brothers' bankruptcy and the acquisition of Merrill Lynch by Bank of America, according to analysis by Financial Insights.
Plans by UK software group Misys to spin off its healthcare division have been thrown into jeopardy by the collapse of Lehman Brothers.
The London Stock Exchange maintains that its Baikal dark pool project remains "a sound business proposition" despite the bankruptcy protection filing by partner Lehman Brothers.
15 September 2008
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