Skip navigation

State Street third-quarter profit rises 20 percent on Lehman benefit

BOSTON (Reuters) - State Street Corp <STT.N>, the No. 2 global custody bank, said Tuesday that third-quarter net income rose 20 percent on a benefit from claims associated with the 2008 Lehman Brothers bankruptcy.Full story

S&P 500 hits four-year high

NEW YORK (Reuters) - Stocks closed at multi-year highs on Thursday, with the S&P 500 ending at its highest level since before the collapse of Lehman Brothers as investors hailed a new European bond-buying program aimed at stemming the region's debt crisis. Full story

Kaminsky on Lehman's Crimes & Misdemeanors

  CNBC's Gary Kaminsky is taking a look at the crimes and misdemeanors at Lehman Brothers.

Sponsored Links
advertisement | ad info

Related Photos

File photo of Lehman Brothers booth on the trading floor of the New York Stock Exchange
File photo of Lehman Brothers booth on the trading floor of the New York Stock Exchange

The Lehman Brothers booth on the trading floor of the New York Stock Exchange, is shown in this September 16, 2008 file photo. REUTERS/Brendan McDermid/Files

Bruce Bent II, the son of money market pioneer Bruce Bent, leaves the Manhattan Federal Court with a lawyer in New York
Bruce Bent II, the son of money market pioneer Bruce Bent, leaves the Manhattan Federal Court with a lawyer in New York

Bruce Bent II , the son of money market pioneer Bruce Bent, leaves the Manhattan Federal Court with lawyer John Dellaportas in New York October 11, 2012. The U.S. Securities and Exchange Commission sued Bruce Bent, his son Bruce Bent II and their family-run Reserve Management firm in 2009, saying th

A logo of Lehman Brothers is seen outside its Asia headquarters in Tokyo
A logo of Lehman Brothers is seen outside its Asia headquarters in Tokyo

A logo of U.S. investment bank Lehman Brothers is seen outside its Asia headquarters in April 1, 2008. REUTERS/Yuriko Nakao