Bids Are Due for Lehman Money-Management Unit
A deal to sell Lehman Brothers ’s prized Neuberger Berman asset management arm to two private equity firms could be challenged on Monday if any rival bidders emerge to counterbid by a noon deadline, Reuters reported.
Firewall management is critical in today's regulatory climate. Companies looking to streamline firewall management will look to tools from several vendors.
American International Group, the troubled insurance giant, said Monday that it had agreed to sell its wealth management provider AIG Private Bank to the Abu Dhabi-listed investment company Aabar Investments.
