BofA, Commerzbank / Dresdner Kleinwort, Lehman, Macquarie, Nomura, UBS
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In the meantime, Reuters reports that Commerzbank has decided to drop the 'Dresdner Kleinwort' brand name, as it merges the investment banking unit with its own Corporates & Markets businesses.
And The Times reports that PriceWaterhouseCoopers, the administrators for Lehman Brothers' UK arm, could claim as much as $100bn from its former US parent. A large portion of the claim is thought likely to relate to guarantees issued by Lehman Brothers Holdings to its UK subsidiaries.
The Australian reports that Macquarie has taken $7.74bn in writedowns from its investment bank, Infrastructure Group and various listed funds in the last year.
The Financial Times reports that Nomura has managed to get a rental holiday for up to 6 years, following its decision to relocate from the old Lehman building in Canary Wharf into new premises at Watermark Place in the City. The move, which will involve 4,000 staff, is due to take place next year.
And Dow Jones Newswires reports that UBS brokerage branch managers in the US are said to be miffed that, in addition to running the office, they will now have to establish their own books and get out there and generate revenues too.
The Financial Times also reports that Cerberus is facing huge withdrawal requests from its core hedge funds. The newspaper says that there are reports that the firm's investors have asked for the return of around $5.5bn, about 71% of the assets in the funds.
Finally, Reuters reports that alleged fraudster Allen Stanford remains hospitalized, and is to undergo tests to establish whether he has blocked veins or arteries in his heart.
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