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Barclays confirms Lehman talks

Barclays has confirmed it is in negotiations with Lehman Brothers to take on portions of the business that are attractive to Barclays shareholders.

Areas that Barclays is thought to be considering include the Lehman Brother broker-dealer offering.

The acquisition of this area could see up to 10,000 employees transferring to Barclays.

Barclays says: “There can be no assurance that the discussions will result in an agreement. A further announcement will be made in due course.”


Brokers confident about TCF

Eight out of 10 brokers think they will have TCF embedded into their business and be able to prove it by the end of 2008, reveals a survey by Pink Home Loans.Some 9% think they will not have it embedded in time and 9% are not sure whether they will or won’t. Kay Leslie, network […]

Help for brokers to choose networks

Peter Gwilliam, recruitment specialist for the mortgage industry, and PR guru Julian Wells have set up Adviser Matrix to help brokers search for a network. The service offers brokers a single point of contact and will court the market for them.


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