Lehman Bros bank files for bankruptcy protection in US

Lehman Brothers, one of the world’s largest investment banks, announced today it plans to file for bankruptcy protection – a move expected to rock global financial markets.

Lehman Bros bank files for bankruptcy protection in US
Mon, 15 Sep, 2008 - 08:04

Lehman Brothers, one of the world’s largest investment banks, announced today it plans to file for bankruptcy protection – a move expected to rock global financial markets.

The stricken firm said it intends to file a petition under Chapter 11 of the US Bankruptcy Code.

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