We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bunk or bunker down?

13 March 2007 By Robert Cyran

Lehman snapped up another minority hedge fund stake. It s buying 20% of Shaw worth perhaps $1.7bn given its $30bn of assets. Investors must pray it bests BofA s 1997 tieup with Shaw. The bank lost 75% of its $1.4bn investment in the market crisis that followed.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)