Barclays PLC said Monday that it has started to reopen some of Lehman Brothers operations as part of its Barclays Capital after winning approval from a U.S. bankruptcy court to move ahead with its deal for the failed New York investment bank.

The London company said it has offered jobs to more than 10,000 Lehman Brothers employees.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.