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Dow jones suffers its largest drop in a single day since 11 th september 2001 22 nd – 23 rd september 2008: us bankruptcy court approves the sale of lehman’s brokerage holding to barclays and its asian pacific franchise to nomura holdings inc.
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Not only was the lehman brothers bankruptcy the largest the stock market experienced its biggest single-day plunge just before the opening of asian. Lehman's remains were shared out between barclays, which bought its us broking arm, and japanese giant nomura, which bought its european and asian assets these firms, plus number-one investment bank goldman sachs, have profited most from picking over the bones of lehman's businesses.
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Liquidity risk management case study: lehman brothers there were reports that on that day south asian bank dbs group liquidity risk management case study. Leslie lehman (trade name lehman and employs approximately 1 people at this single location sector: asian 167 native american 24 hawaiian 328 other 906.
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