Ex-Lehman bankers to receive full pensions

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More than 2,400 former Lehman Brothers bankers will have their pensions paid in full following a six-year legal battle.

BBC News reports that the bankers, all based in Britain, will receive a total of $306m (£184m) from the collapsed US investment bank.

The deal works out at around £75,000 for each of the 2,466 members.

The Wall Street bank collapsed in 2008 in the highest-profile failure of a bank during the financial crisis.

The Pensions Regulator, which negotiated the deal, said it was its biggest ever win.

Hit the link below to access the complete BBC News article:

Former Lehman Brothers bankers win pensions battle

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