On 15 September 2008, the FSA published a statement concerning Lehman Brothers Holding Inc.

In the statement the FSA states that Lehman Brothers Holding Inc, a US investment bank, announced that it intends to file a petition under chapter 11 of the US Bankruptcy Code.

The statement also states that Lehman Brothers is a US institution regulated by the SEC, so the FSA is working closely with the US authorities to ensure an orderly wind down of its principal UK trading subsidiary, Lehman Brothers International (Europe), which was placed into administration on the morning of 15 September 2008.

View FSA press release - Lehman Brothers Holding Inc, 15 September 2008