The financial crisis today registered a new and crucial chapter. The investment bank Lehman Brothers announced from its subsidiary in the United States to declare bankruptcy during the day, "to protect their assets and maximize their value", having failed in his attempt to find a buyer.
The British financial sector regulator, the Financial Services Authority (FSA), said for his part that works closely with U.S. authorities to manage the closure of its main British subsidiary, Lehman Brothers International (Europe), "which was put into liquidation this tomorrow. "
"As the group manages its financing globally, the British commercial activities are no longer able to meet its obligations," said Tony Lomas, a partner of PriceWaterhouseCoopers to audit by announcing the closure of the institution of the British bank.
Cimbronazo. The determination of Lehman Brothers and impacts on the markets. Both in Asia and Europe collapsed bags in Europe and Asia, amid a deep concern over the global financial system following the announcement of Lehman Brothers.
There was also a big jolt after another investment bank, Merrill Lynch, announced that it might be acquired by the Bank of americas.
In Europe, the Financial Times index of 100 stocks lost 2.72%, while the CAC-40, concerning France Backs up 3.52% and regards DAX 30 fell 2.99% from Germany.
For his part, the U.S. dollar was devalued to the euro traded at 1.4299 dollars per unit in euro, from 1.4215 dollars which closed last Friday.
Meanwhile, the pound sterling also gained ground to the dollar from 1.7937 to 1.8052.
In Asia, major stock markets of Japan, Hong Kong and South Korea not operated due to a holiday festivities, but those who operated it did so with heavy losses.
The relation of India Sensex fell 5.4%, the main barometer of Taiwan fell 4.1%, the benchmark for Australia fell 2% and the Singapore stock market suffered a decline of 2.9%.
Also falling oil prices. The price per barrel was located below the 94 dollars, its lowest level since February, with the prospect of lower energy demand following the bankruptcy of Lehman Brothers.
