Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
Ormat Technologies, Inc. Announces Re-Purchase of Part-Ownership Interest in Certain of Its Geothermal Power Projects From an Institutional Equity Investor [Press Release]
PRNewswire | 20 days 17 hours 52 minutes ago
...its wholly-owned subsidiary, Ormat Nevada Inc., concluded the purchase of all of the class B membership interests in OPC LLC held by Lehman-OPC LLC, an affiliate of Lehman Brothers Inc., for a purchase price of $18.5 million...
Figures show record Wall St. profit after bailouts - MarketWatch
MarketWatch | 5 days 18 hours 18 minutes ago
However, compensation restrictions that came with government support may limit the tax-revenue bonus boost that New York City -- facing a multibillion-dollar budget deficit -- usually gets from such Wall Street success, Comptroller Thomas DiNapoli explained.
Hedge funds may get $11 billion frozen at Lehman
CNBC | 1 hour 38 minutes ago
By Joseph A. Giannone
Big payouts for Lehman and Bear Stearns execs: WSJ
MarketWatch | 21 hours 51 minutes ago
The top executives at Lehman Brothers Holdings Inc
UPDATE 1-Hedge funds may get $11 bln frozen at Lehman
Reuters | 10 hours 43 minutes ago
NEW YORK, Nov 23 (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.
Barclays Capital hires 150 Asia bankers, to hire 100 more - MarketWatch
MarketWatch | 5 days 5 hours 34 minutes ago
Barclays, which is best known for its bond business, has been on a hiring spree to build its Asian equity capital markets teams. The 100 or so hires are expected to be in various areas including equities, investment banking, research and information technology, one person said Thursday, adding that most of the hires will be in Hong Kong.
Statement From James W. Giddens Under the Securities Investor Protection Act [Press Release]
PRNewswire | 69 days 13 hours 28 minutes ago
...Trustee for the Liquidation of Lehman Brothers Inc. under the Securities Investor...authorized by the sale of Lehman Brothers Inc. to Barclays, which was approved...when the order for the sale of Lehman Brothers Inc. was approved." CONTACT...
Hedge Funds May Get $11 Billion Frozen at Lehman
ABC News | 10 hours 38 minutes ago
NEW YORK (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.
Lehman Proposes to Thaw Assets in the U.K.
Wall Street Journal, The | 9 hours 44 minutes ago
Lehman Brothers Holdings Inc.'s bankruptcy estate in the U.K. is set to launch Tuesday a proposal to hedge-fund creditors aimed at unfreezing about $11 billion in assets.
Hedge fund manager Einhorn says break up big banks - MarketWatch
MarketWatch | 35 days 18 hours 30 minutes ago
DTE Energy increases 2009 earnings outlook
Proposal Would Free Up $11 Billion for Hedge-Fund Creditors
Wall Street Journal, The | 5 hours 35 minutes ago
Lehman Brothers Holdings Inc.'s bankruptcy estate in the U.K. is set to launch Tuesday a proposal to hedge-fund creditors aimed at unfreezing about $11 billion in assets.
Money flows into hedge funds again, HFR says - MarketWatch
MarketWatch | 35 days 19 hours 45 minutes ago
Over two-thirds of all hedge funds experienced capital inflows in the third quarter, getting more than $38 billion in new assets, HFR reported. However, these gains were offset by more than $37 billion in capital outflows from investor redemptions and liquidations. That resulted in a net inflow of $1.1 billion.
Goldman posts profit, sees conditions improving - MarketWatch
MarketWatch | 39 days 22 hours 47 minutes ago
Analysts polled by Thomson Reuters had expected the firm to earn $4.24 a share.
Capital Gold Group Clients Haunted by Lehman Fall 1 Year Later [Press Release]
PRNewswire | 70 days 22 hours 28 minutes ago
...Group Clients Haunted by Lehman Fall 1 Year Later PRNewswire...A year after the fall of Lehman Brothers, Capital Gold Group, Inc. is still helping retirees...together in an effort to save Lehman Brothers Holdings, Inc. by Treasury Secretary...
Lehman expects reorganization plan in Q1
Canada.com | 5 days 15 hours 50 minutes ago
YORK -- Lehman Brothers Holdings Inc , the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said Wednesday it expects to have a reorganization plan outline ready by the end of March 2010.
Company Overview
| Company: | Lehman Brothers Inc. |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.lehman.com |
O brother, where art thou? If you're asking Lehman Brothers, the answer will undoubtedly be: "Right in the thick of investment banking." The company is the primary operating subsidiary of Lehman Brothers Holdings, historically one of the world's foremost investment banks. However, in September 2008 Lehman's faltered and filed for bankruptcy. The investment banking arm of British banking giant Barclays then agreed to acquire Lehman Brothers Inc., which makes up a majority of Lehman's North American business. Its services include brokerage, mergers and acquisitions and restructuring advice, debt and equity underwriting, market making, debt and equity research, and real estate and private equity investments.
Key Numbers
| Sales in U.S. Dollars (mil.) | 32.4 (2007) |
|---|---|
| One-year % Growth in Sales | 0.0 (2007) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 7,300 (2007) |
| One-year % Growth in Number of Employees | 0.0 (2007) |
| Fiscal Year-End | November |