Bank of Paris is Europe's largest bank loans Lehman creditors

According to the U.S. NBC TV (CNBC) 9 reported on 15, Lehman Brothers Holdings Inc. (Lehman Brothers Holdings Inc.) Filed for bankruptcy protection in the relevant documents show that BNP Paribas (BNP Paribas) for Europe's largest investment bank Creditor bank loans. When the news broke, BNP Paribas shares fell. Wall Street had the fourth-largest investment bank - Lehman Brothers Holdings Inc. (Lehman Brothers Holdings Inc.), In a statement earlier on the 15th, will be announced in accordance with U.S. Chapter 11 bankruptcy bill to the Southern District of New York of the United States Bankruptcy Court for bankruptcy Protection. Lehman filed for bankruptcy documents show that the investment bank BNP Paribas loan exposure of up to 250,000,000 U.S. dollars for Lehman in Europe's largest creditor bank loans. Lehman was in the court documents cited in the 30 largest creditors, but also Europe the following banks: Bank of Sweden (Svenska Handelsbanken), Union Bank of Belgium (KBC), the British bank Lloyds (Lloyds TSB), Standard Chartered Bank ( Standard Chartered), as well as Den norske Bank (DnB NOR Bank ASA), and so on. Upon exposure of the above announcement, the bank-related shares dropped. Paris, one of 15 local banks in the morning trading down 6.2 percent, the Dow Jones - Stockton European bank index fell 5.6 percent over the same period. In addition, the Swedish commercial banks fell by 3.5 percent, Union Bank of Belgium fell 4.2 percent, Lloyds Bank fell 5.4 percent. Lehman filed for bankruptcy protection and revealed that the documents, the company's total assets amounted to 639,000,000,000 U.S. dollars, while total debt to 613,000,000,000 U.S. dollars. It also makes one stroke over Tom Lehman Drexel Burnham (Drexel Burnham Lambert), the United States in the history of the collapse of the largest financial companies. Since the collapse of the junk bond market, large-scale investment bank Drexel Burnham in 1990, was forced to file for bankruptcy. At the same time, the giant Swiss banks - UBS (UBS AG) of the stock market is also speculation that ushered in the fall. UBS, despite its direct competitor Credit Suisse (Credit Suisse) are Lehman declined to comment on its potential exposure in a position to comment, but market speculation, in the second half of this year, UBS may have to venture further because the write-down of assets 5,000,000,000 U.S. dollars. The news Monday UBS shares fell again, or more than the banking sector suffered heavy losses. In fact, UBS has been subjected to the current round of financial market turmoil hit banks in Europe. Switzerland Sonntags Zeitung newspaper said that UBS will further reduce the risk of investment in the second half of 5,000,000,000 U.S. dollars in mind. The newspaper said UBS is expected to be in its Oct. 2 meeting of shareholders prior to the disclosure of information related to write-down, but UBS declined to comment. Bank of Zurich, Switzerland (Zuercher Kantonalbank) head Claude - Zundel (Claude Zehnder), "The bad news is that the banking crisis is not over yet, the future will still have a large number of non-performing credit." He also stressed that "in view of the weekend Happened to further the possibility of asset write-down has risen. " Last month, UBS announced in the second quarter to further write-down of assets 5,000,000,000 U.S. dollars, a total write-downs rose to 420 million. At the same time, UBS announced that it would spin-off investment bank, said the bank is the investment banking dragged down by the core wealth management business into a deficit. As of GMT 8:15, UBS shares fell 10.1 percent to 21.14 Swiss francs per share; Credit Suisse fell 6 percent, to 49.50 Swiss francs per share. According to a UBS close to the insider, the bank Lehman's exposure to the "smaller" but he did not elaborate further.