Give us backed 'trapped' billions, says Lehman Brothers International

Lehman Brothers in Europe has asked its US counterpart to give back more than $US8bn (€5.5bn) that it says was trapped when its holding company filed for bankruptcy protection in New York a week ago.

Lehman Brothers International in Europe wants the money back even though key US operations will be transferred to British bank Barclays, which is buying Lehman Brothers Holdings' North American banking business.