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Text size [+][-]  Saturday March 20 2010GLOBAL EDITION

Considered view
03 Jun 2008 10:25

Bottoms down

Context News

Lehman Brothers, the US investment bank, is considering raising between $3bn and $4bn of capital as it prepares to report its first quarterly loss since going public in 1994, the Wall Street Journal reported.

The bank declined to comment.



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The US bank is reportedly weighing up raising another $4bn. The capital hike in April was meant to end problems of perception. Lehman's CEO then said the worst in the financial markets was over. Such banker optimism has proven premature. There looks to be further to fall.

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More stories by:  Jeffrey Goldfarb






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