News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

FTSE 100 companies begin to replace Lehman as corporate broker

Lehman Brothers' collapse into bankruptcy has already started creating opportunities for rivals in the UK after several of its largest clients today said they had dropped the US bank as their corporate broker.

Legal & General, 3i Group, and Lloyds TSB have all confirmed that Lehman Brothers is no longer acting as their corporate broker, and they will now begin looking for a replacement.

WSJ Logo