Six European bankers at Lehman Brothers are claiming £70m for lost pay and bonuses from the administrators of the collapsed bank, the Telegraph reported, citing court documents. Italian banker Riccardo Banchetti, former joint chief executive of Lehman in Europe and the Middle East, is claiming £16.4m, despite having held the job for only a few weeks before Lehman went into bankruptcy.

This entry was posted by Stacy-Marie Ishmael on Tuesday, October 13th, 2009 at 4:09 and is filed under Capital markets. Tagged with bankruptcy, bonuses, Lehman Brothers, Riccardo Banchetti. Edit this entry.