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U.S bankers bag bigger bonuses than UK peers

Stack Of Pound Coins

Bonuses for bankers may be back at their pre-crisis highs in the U.S. but, across the Atlantic, they’re still stuck where they were after the collapse of Lehman Brothers - and they’re shrinking, according to a study by law firm Linklaters.

Reuters - Judge blocks Wells Fargo unit lawsuit

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A Chicago fund manager cannot pursue a lawsuit against a Wells Fargo unit over claims the bank cost the fund manager millions by forcing it to sell its holdings during a February market rout, a judge ruled on Tuesday.

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Stack Of Pound Coins

U.S bankers bag bigger bonuses than UK peers

Bonuses for bankers may be back at their pre-crisis highs in the U.S. but, across the Atlantic, they’re still stuck where they were after the collapse of Lehman Brothers - and they’re shrinking, according to a study by law firm Linklaters.

Lehman Brothers - A Brief History

In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated to the United States from the town of Rimpar, in the German state of Bavaria. He settled in Montgomery, Alabama, where he opened a dry goods store, 'H. Lehman'. In 1847, following the arrival of Emanuel Lehman, the Firm became 'H. Lehman and Bro'. With the arrival of their youngest brother, Mayer Lehman, in 1850, the Firm changed its name again and 'Lehman Brothers' was founded.

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