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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Barclays Plc | LSE:BARC | London | Ordinary Share | GB0031348658 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.94 | 1.08% | 181.88 | 181.82 | 181.88 | 182.92 | 181.16 | 181.30 | 52,178,852 | 15:04:30 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Commercial Banks, Nec | 25.38B | 5.26B | 0.3470 | 5.25 | 27.59B |
From Apr 2019 to Apr 2024
By Stephanie Gleason
The bankruptcy trustee winding down Lehman Brothers' brokerage business on Monday said he would ask the U.S. Supreme Court to review a ruling that awarded billions of dollars in disputed assets to Barclays PLC.
Following Lehman's 2008 bankruptcy filing, Barclays acquired Lehman's brokerage business in a "no cash" transaction, Lehman says. Later, however, an appeals court ruled that Barclays was entitled to $4 billion in disputed assets tied to the transaction.
Lehman trustee James W. Giddens on Monday said that "while the Bankruptcy Court rightly rejected Barclays' claims to the margin cash assets, the decisions by the District and Appeals Courts reduced the amount available for the general estate by $4 billion, frustrated the purpose of the liquidation, and undermined the credibility of a sale hearing."
Write to Stephanie Gleason at stephanie.gleason@wsj.com
Access Investor Kit for Barclays Plc
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=GB0031348658
Access Investor Kit for Barclays Plc
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US06738E2046
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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