Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
China Medicine Enhances Management Team with Appointments of New Chief Financial Officer and Finance Manager [Press Release]
PRNewswire | 85 days 3 hours 36 minutes ago
GUANGZHOU, China, Aug. 31 /PRNewswire-Asia/ -- China Medicine Corporation
Ixia Announces 2009 Third Quarter Results [Press Release]
Business Wire | 26 days 19 hours 23 minutes ago
Ixia (Nasdaq: XXIA) today reported its financial results for the third quarter ended September 30, 2009.
Exelon Announces Third Quarter Results; Narrows Full Year 2009 Earnings Guidance [Press Release]
Business Wire | 32 days 3 hours 38 minutes ago
Exelon Corporation (NYSE: EXC) today announced that its third quarter 2009 consolidated earnings prepared in accordance with GAAP were $757 million, or $1.14 per diluted share, compared with earnings of $700 million, or $1.06 per diluted share, in the third quarter of 2008.
Lehman sues Barclays over windfall profits
Reuters | 6 days 10 hours 9 minutes ago
(Reuters) - Lehman Brothers Holdings Inc has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show.
Lehman Sues Barclays Over Windfall Profits
ABC News | 7 days 8 hours 16 minutes ago
(Reuters) - Lehman Brothers Holdings Inc has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.
Lehman Sues Barclays Capital
Wall Street Journal, The | 7 days 11 hours 14 minutes ago
Lehman Brothers Holdings Inc. sued Barclays Capital Inc. to recover billions of dollars of what Lehman says were excess assets improperly transferred to the British bank last year.
UPDATE 2-Lehman expects reorganization plan in 1st qtr
Reuters | 5 days 21 hours 5 minutes ago
NEW YORK, Nov 18 (Reuters) - Lehman Brothers Holdings Inc (LEHMQ.PK), the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said on Wednesday it expects to have a reorganization plan outline ready by the end of March 2010.
UPDATE 1-Lehman sues Barclays over windfall profit
Reuters | 7 days 1 hour 16 minutes ago
LONDON, Nov 17 (Reuters) - Lawyers for Lehman Brothers Holdings Inc (LEHMQ.PK) have filed a lawsuit against Barclays Capital (BARC.L) to claw back billions of dollars of excess profit from last year's purchase of Lehman's U.S. brokerage business, court documents showed.
Omnium: The New Standard in Hedge Fund Administration [Press Release]
PRNewswire | 76 days 5 hours 36 minutes ago
...superior people, processes and technology." Last month, Omnium announced that it had been selected by Lehman Brothers Holdings Inc. (LBHI) to provide administration services, including the creation of an asset servicing platform. After...
Primus Guaranty Reports Third Quarter 2009 Financial Results [Press Release]
Business Wire | 20 days 1 hour 7 minutes ago
Primus Guaranty, Ltd. (“Primus Guaranty” or “the Company”) (NYSE:PRS) today announced GAAP net income available to common shares of $461.5 million, or $11.14 per diluted share, for the third quarter of 2009, compared with GAAP net loss available to common shares of $(390.2) million, or $(8.63) per diluted share, for the third quarter of 2008.
Northgate Reports Strong Second Quarter Operating Cash Flow of $50 Million [Press Release]
PRNewswire | 106 days 4 hours 7 minutes ago
Gold Production on Target at 93,377 Ounces
Majestic Star Casino files for bankruptcy
Indianapolis Star, The | 8 hours 12 minutes ago
Majestic Star Casino LLC, the owner of two casinos in Gary, is seeking bankruptcy protection from creditors about three weeks after senior secured lenders called a default and demanded to be repaid $79.3 million in debt.
Monument Realty's Potomac Place Tower Gets a Fresh Start [Press Release]
PRNewswire | 90 days 20 hours 6 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...
Freddie Mac Names Bruce M. Witherell Chief Operating Officer [Press Release]
PRNewswire | 97 days 23 hours 36 minutes ago
...Witherell spent 15 years at Lehman Brothers Holdings, Inc. in a variety of senior leadership...chief executive officer of Lehman Brothers Bank and chief executive officer... Prior to his career at Lehman Brothers, Witherell held management...
Federal Home Loan Bank of New York Announces Third Quarter Results [Press Release]
PRNewswire | 25 days 14 hours 16 minutes ago
...loss associated with the bankruptcy of Lehman Brothers Special Financing, Inc. Net income increased to $474.8...loss associated with the bankruptcy of Lehman Brothers Special Financing, Inc. At September 30, 2009, the Bank...
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 |