The Financial Times reports that an agreement has been reached for Barclays to buy parts of Lehman Brothers, though certain details like which parts* and for how much remain unclear. Contingent liabilities related to the ego of Institutional Investor's #1...

Bloomberg confirms that Lehman Brothers is in fact still shopping broker-dealer services and asset-management. Lehman, led by Chief Executive Officer Richard Fuld, 62, is exploring the sale of its broker-dealer operation and continues to hold talks on the sale of...