The US Supreme Court yesterday allowed Barclays to claim about $4bn (€3.6bn) of disputed assets as part of its hurried purchase of much of Lehman Brothers Holdings’ brokerage unit at the height of the 2008 financial crisis.

Argentinian president Cristina Fernandez’s campaign to force Britain to hand over the Falkland Islands may have reached its high point with the 30th anniversary of her country’s failed occupation of the remote South Atlantic archipelago.

A US bankruptcy judge approved the sale of Lehman Brothers Holdings’ prized investment management unit to a group of managers and employees.

Creditors of collapsed Lehman Brothers have asked a US judge to allow an investigation into whether JPMorgan played a role in weakening the investment bank as it headed towards bankruptcy.

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.