Barclays to acquire Lehman assets

Under the deal, Barclays will acquire trading assets worth an estimated US$72 billion ($90 billion) and trading liabilities of an estimated US$68 billion ($85 billion).

Barlcays president Robert E Diamond Junior said it was a “once in a lifetime opportunity” that would give Barclays the best team and most productive culture in the international financial markets.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 17 September 2008