Tuesday 09:26 am In a recent court filing, Lehman's creditors claim Barclays (BCS -5.4%) received Lehman securities valued at $50B for just $45B in cash, accusing the U.K. bank of the "largest theft in banking history." At the time, the deal was presented in bankruptcy court by Lehman's lawyers as a wash.
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Tuesday 07:42 amBarclays (BCS): Q3 net profit of £1.08B (-54%). Pretax profit of £1.56B. Impairment charges and other credit provisions rose to £1.4B from £862M. Investment banking income of £3.7B vs. estimates of at least £4B. Shares -5% premarket. (WSJ, PR)
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