brokerage business
Valuing Investment Banks
It means the core Lehman businesses-investment banking, fixed-income and equity-was valued at only about $3 billion. Combined. (The remaining $2 billion in Trone's valuation of Lehman comes from the high-net-worth brokerage business-the ...
Money Roll
Asian money flow concerns. Political uncertainty plagues Indian stock market. Global economy won't bail out the US. Goldman grabs prime brokerage business. Misery loves company - Buffett has worst first half since 1990 ...