Lehman Bros.

New York Attorney General Andrew Cuomo has filed a civil lawsuit against Ernst & Young, alleging that the accounting giant helped now-defunct investment bank Lehman Brothers hide billions of dollars in debt from its investors via loans disguised as sales.

This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider's look at the fateful days surrounding the fall of Lehman Brothers.

Lehman Brothers Holdings, the once great Wall Street firm that went bankrupt at the height of the financial crisis, says it will have to pour hundreds of millions of dollars into two struggling units to avoid failures that could cost the investment bank billions.

Ask any investor, and he'll tell you the best place to enter the market is at the bottom. Buy low and sell high, right? The institutional crowd knows this lesson best, and after a rocky year in traditional financial markets, many are now drawn to what seems to be the market bottom for a more...

Nomura Holdings (NMR), the Japanese megabank that owns the remnants of Lehman Brothers' overseas operations, says it's raising $5.6 billion (well, ¥511 billion, actually) to expand in the United States and elsewhere. Nomura, Japan's largest brokerage, plans to sell about 800 million shares...

Bank of America (BA) may have thought it put the thorny issue of bonuses paid to Merrill Lynch executives behind them, but a federal court judge Monday rejected an agreement the bank reached with federal officials over the matter and has ordered a trial. U.S. District Court Judge Jed Rakoff's...

Richard Fuld knows all too well that he's the poster boy for the meltdown that hit Wall Street a year ago. As chairman and chief executive at Lehman Bros., he faced bitter criticism and rancor last fall for his seeming arrogance and negligence regarding the storied investment bank's exposure to bad...