Skip navigation

Reuters: UPDATE 1-Thornburg trustee sues big banks for $2.2 bln

WILMINGTON, Del., May 2 (Reuters) - The trustee for thebankrupt Thornburg Mortgage Inc has sued Goldman Sachs ,Barclays and other big banks for a combined $2.2billion, blaming them for pushing the former home loan companyinto Chapter 11. Full story

Reuters: UPDATE 1-Barclays balks at Lehman trial order

* Dispute to go before bankruptcy judge on May 9 (Adds comment from Barclays in 8th and 9th paragraphs) Full story

Reuters: Barclays balks at Lehman trial order over assets

*Barclays seeks as much as $6 billion in additional assets Full story

Barclays Q1 net profit down 5 pct

Shares in Barclays PLC were were down nearly 5 percent on Wednesday after the bank reported a 5 percent drop in first quarter net profit and it sought to wind down a loss-making investment fund in the Cayman Islands. Full story

Reuters: Barclays, State Street sued over Markov CDO losses

* Markov CDO says to be similar to Goldman's Abacus CDO Full story

Reuters: PRESS DIGEST - British business - April 19

Barclays has rehired its former finance directorjust weeks after he quit a U.S. investment bank saying his jobthere did not give him enough time to do charity work. Full story

Sponsored Links

Articles

Reuters: Barclays gains EU okay for Egg credit card asset buy

Pirc urges Barclays investors to oppose pay plans

UK panel urges banking reorganization

Reuters: UPDATE 1-CVR Partners IPO prices above range

Reuters: FACTBOX-Barclays faces unclear tradeoff in UK, US regimes

Reuters: Barclays may move headquarters to New York - WSJ

Reuters: Barclays names global transport banking head

Reuters: MOVES-Bank of America, Barclays, RBC Capital

Barclays CEO to receive $10.6 million bonus

Reuters: UPDATE 1-Emergency Medical, BofA sued over company sale

Video

  Oil to Ground Airlines?

Airlines are preparing to take a hit as the unrest in the Middle East causes a significant rise in oil prices, with Gary Chase, Barclays airline analyst.

  Unruly Monday Markets

Investors continue to watch the latest developments out of Egypt, with Barry Knapp, Barclays head of U.S. portfolio strategy, and Mohamed El-Erian, PIMCO CEO & co-CIO.

  XOM Q4 Results

Insight on XOM's earnings, with Barry Knapp, Barclays head of U.S. portfolio strategy, and Phil Weiss, Argus Research.

  Uncertainty Uprising

Insight on how the markets are responding to the crisis in Egypt, with Barry Knapp, Barclays head of U.S. portfolio strategy, and James Paulsen, Wells Capital Mgmt.

  Barclays CEO on Economic Recovery, Financials

Barclays CEO Robert Diamond tells CNBC's Maria Bartiromo he's optimist about the US economy and shares his outlook on the financial sector.

advertisement | ad info

Related Photos

Chief Executive of Barclays Plc, Bob Diamond, leaves after attending a Treasury select committee hearing at Parliament in London
Chief Executive of Barclays Plc, Bob Diamond, leaves after attending a Treasury select committee hearing at Parliament in London

The Chief Executive of Barclays Plc, Bob Diamond, leaves after attending a Treasury select committee hearing at Parliament in London January 11, 2011. Banks should stop apologising for mistakes made during the financial crisis, Barclays Plc new head told British lawmakers, striking a sometimes defia

Tiger Woods
Tiger Woods

Tiger Woods walks from the tee after his shot on the second hole during the final round of The Barclays golf tournament, Sunday, Aug. 29, 2010, in Paramus, N.J.

Tiger Woods chips the ball onto the green at the 17th hole during the second round of the Barclays golf tournament in Paramus
Tiger Woods chips the ball onto the green at the 17th hole during the second round of the Barclays golf tournament in Paramus

Tiger Woods chips the ball onto the green at the 17th hole during the second round of the Barclays golf tournament in Paramus, New Jersey August 27, 2010. REUTERS/Ray Stubblebine (UNITED STATES - Tags: SPORT GOLF)