Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider [Press Release]
PRNewswire | 89 days 15 hours 40 minutes ago
Lehman Brothers Holdings Inc. Selects Citadel Solutions as Asset Servicing Platform Provider...Citadel Solutions announced today that it has been selected by Lehman Brothers Holdings Inc. (LBHI) to provide administration services, including the...
Lehman, Bear Executives Cashed Out Big
Wall Street Journal, The | 5 hours 47 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.
Boston Properties Announces Third Quarter 2009 Results [Press Release]
Business Wire | 27 days 10 hours 12 minutes ago
Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, reported results today for the third quarter ended September 30, 2009.
Radical fixes for 'too big to fail' gain support - MarketWatch
MarketWatch | 15 days 14 hours 45 minutes ago
"What you will have is another public utility sector, with banks growing roughly 4% a year, funded by deposits," Richard Bove, a financial-services analyst at Rochdale Securities, said in an interview.
Israel stocks lower; Teva reports net up 2.9% - MarketWatch
MarketWatch | 20 days 16 hours 54 minutes ago
Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index declined 1.40% to 991.85, while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 940.46, -16.87, -1.76%) lost 1.61% to 925.29.
CITto file for bankruptcy after rescues fail - MarketWatch
MarketWatch | 22 days 10 hours 22 minutes ago
The formal filing in U.S. Bankruptcy Court was expected to follow within hours,.
CIT files for bankruptcy protection - MarketWatch
MarketWatch | 21 days 18 hours ago
"The decision to proceed with our plan of reorganization will allow CIT to continue to provide funding to our small business and middle market customers, two sectors that remain vitally important to the U.S. economy," Chairman and CEO Jeffrey M. Peek said in a statement.
Doral Financial Corporation Reports Earnings for the Third Quarter Ended September 30, 2009 [Press Release]
Business Wire | 14 days 20 hours 12 minutes ago
Doral Financial Corporation (NYSE:DRL) ("Doral" or the "Company"), the holding company of Doral Bank, a leading community bank based in Puerto Rico, today announced the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 reporting net income of $13.2 million, compared to a net loss of $1.8 million for the comparable 2008 period.
Big Paydays for Lehman, Bear
Wall Street Journal, The | 1 day 1 hour 46 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.
Money keeps flowing into hedging industry - MarketWatch
MarketWatch | 11 days 10 hours 47 minutes ago
Investors allocated $14.2 billion to hedge funds in October. That was a faster pace than September and the sixth consecutive month of inflows. During that time, $91.7 billion has been put into the industry, said HedgeFund.net, which tracks assets and returns in the sector.
Blount International Announces CEO Succession [Press Release]
PRNewswire | 56 days 18 hours 9 minutes ago
...co-founding Collins Willmott & Co. in January 2008, Mr. Collins was employed by Lehman Brothers Inc. as a Managing Director and Principal of Lehman Brothers Merchant Banking, a private equity firm that was the former majority owner of Blount...
Moody's: AIG should be able to repay US loan, preferred stock - MarketWatch
MarketWatch | 13 days 16 hours 5 minutes ago
AIG's shares climbed 3.3% to $37.39 after hours. The stock, which underwent a 1-for-20 reverse split earlier this year, has lost about 14% in the past year.
CCLM Holdings, Inc. Elects a New Board of Directors [Press Release]
PRNewswire | 83 days 17 hours 9 minutes ago
...Liquidating Trust, EquipMD Inc., IMI Inc., OSI Corp., Purolator Courier...Director experience with PPM America Inc, Teachers Insurance and Annuity...Brenner has previous experience with Lehman Brothers, Inc. and Arthur Andersen & Co. Mr...
Aetna Reports Third Quarter 2009 Results [Press Release]
Business Wire | 25 days 21 hours 12 minutes ago
Aetna (NYSE: AET) today announced third-quarter 2009 operating earnings of $308.2 million, or $.69 per share, a 38 percent decrease from the prior-year quarter. Operating earnings (1) exclude net realized capital gains (losses) and other items. The decrease in operating earnings per share from the prior-year quarter reflects a lower Commercial underwriting margin and a previously announced increase in pension expense partially offset by the impact of a lower number of shares outstanding year-...
Monument Realty's Potomac Place Tower Gets a Fresh Start [Press Release]
PRNewswire | 90 days 11 hours 40 minutes ago
...800 4th Street in Southwest Washington, D.C. The condominium project was stalled when the senior lender, Lehman Brothers Holdings Inc., filed for bankruptcy in September 2008. Since that time Monument Realty has worked closely with a new...
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 |