Flinders, Karl
September 2008
Computer Weekly;9/23/2008, p34
Trade Publication
The article highlights the impact of credit crunch towards global banking sector in Europe. The author stated that some of the casualties of credit crunch include the bankruptcy filed by Lehman Brothers and the acquisition of investment bank Merill Lynch by Bank of America for $50 million. Meanwhile, accountancy firm Pricewaterhousecoopers (PwC) has been named administrator for Lehman Brothers' European headquarters in London.


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