- Note: Lehman has already gone through three rounds of job cuts in the last 12 months, cutting about 6,400 jobs so far

Other headlines for [LEH]

• 10/16/2008 08:19pm
  (HK) All Hong Kong banks will buy back Lehman mini-bonds
  

Financials sector headlines

• HBC Today 10:29am
  HSBC Holdings PLC Not aware of probe of offshore private banking unit; says in compliance with the law- States that it has not been contacted by an US authorities - Note: The DoJ has expanded its criminal probe into more...
  
• BP.IT Today 09:49am
  Banco Populare Scarl States that recent share preformance does not reflect true value; Maintains that group is solid- Selloff due to Italease cancellation and is only speculative in nature - Note: earlier in session more...
  
• Today 09:28am
  (GE) German Fin Min Steinbrueck: Concept of joint European bond issue is unacceptable- Expects to see new drraft on state aide by Dec 8 - Commerzbank example will motivate other German banks to more...
  
• FORB.BE Today 09:24am
  Shareholders in Brussels votes against Davignon appointment as Board Chariman, received 49.9% of vote- Shareholders vote for De Boeck as CEO (current CEO with 67.27% of vote) - Current board will more...
  
• GS Today 09:21am
  The Goldman Sachs Group Inc UBS analysts see firm experiencing greater mark-to-market losses, could amount to $4B