Barclays, Nomura Fight for Lehman Assets

Barclays is bidding for the European equities and investment banking businesses, while the Japanese firm is interested in buying more

The administrator to the European business of bankrupt US investment bank Lehman Brothers, PriceWaterhouseCoopers, was last night locked in negotiations with two rival bidders over the sale of parts of the business.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.