Fitch Removes Rating Watch Negative and Affirms Banco KDB do Brasil S.A.'s Ratings
NEW YORK & SAO PAULO--(BUSINESS WIRE)-- Fitch Ratings has removed the Rating Watch Negative on the ratings of Banco KDB do Brasil S.A. (KDBbra). At the same time, Fitch has affirmed and withdrawn
Richard Fuld's options dwindling
It's no secret that Richard Fuld is running out of options. Time is not his friend. The CEO of Lehman's best hope for a deal at this point may rest with South Korean banks. The latest: The Korean
Korean military pension to invest in Lehman Brothers?
Lehman Brothers has got some kind of Korean connection at work. We've noted that the Korea Development Bank's Min
Lehman Brothers deal still a possibility
The Korea Development Bank may not want to be the sole owner of Lehman Brothers, but it is apparently willing to be part of a consortium. The AP reports that the governor of state-owned KDB has told
View from Korea: No deal with Lehman Brothers
The stock market really reacted when news filtered out that the state-run Korea Development Bank was interested in buying a large chunk of
Korean bank to buy Lehman Brothers?
Just when you thought Lehman Brothers' play to attract capital from overseas was dead, along comes Korea Development Bank. A spokesman says
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