Overseas Lehman Brothers trading halted

September 15, 2008 3:41:07 AM PDT
Britain's Financial Services Authority has temporarily suspended trading in London of Lehman Brothers Holdings Inc., following the company's statement it would file for bankruptcy protection in the United States.

The regulator also announced Monday that trading was suspended in several Lehman Brothers operations including Lehman Brothers Treasury Co B.V. and Lehman Brothers UK Capital Funding II LP.

The Bank of England says it is monitoring the situation and will take appropriate actions if necessary to stabilize money markets.