Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
Lehman reportedly to return to U.S. mortgages through Douglas County-based unit
Denver Post, The | 32 days 9 hours 18 minutes ago
Lehman Brothers Holdings Inc., the investment bank brought down by the U.S.
A look at the top 10 US bankruptcies -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 21 days 18 hours 48 minutes ago
CIT Group 's filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.
UPDATE 1-Boston Properties third-quarter FFO rises
Reuters | 26 days 19 hours 54 minutes ago
NEW YORK, Oct 27 (Reuters) - Boston Properties Inc (BXP.N), which owns and develops office properties in major U.S. cities, said third-quarter funds from operations rose 19.6 percent over last year, when it incurred charges related to the collapse of tenant Lehman Brothers.
UPDATE 2-Boston Properties third-quarter FFO rises
Reuters | 26 days 18 hours 59 minutes ago
NEW YORK, Oct 27 (Reuters) - Boston Properties Inc (BXP.N), which owns and develops office properties in major U.S. cities, said third-quarter funds from operations rose 19.6 percent over last year, when it incurred charges related to the collapse of tenant Lehman Brothers.
A look at the top 10 US bankruptcies
Orlando Sentinel (Fla.) | 21 days 18 hours 50 minutes ago
CIT Group 's filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies' most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.
Lehman Says Negotiators Knew Barclays Got a $5 Billion Asset Sale Discount
Bloomberg | 37 days 21 hours 51 minutes ago
Oct. 16 (Bloomberg) -- Lehman Brothers Holdings Inc. executives who negotiated the sale of its North American brokerage business to Barclays Plc knew it came with a $5 billion discount based on the book value of assets to the U.K.-based bank, according to a court filing by Lehman.
Nomura May Offer Stock Options for Staff to Boost Incentive, Watanabe Says
Bloomberg | 27 days 13 hours 50 minutes ago
Oct. 27 (Bloomberg) -- Nomura Holdings Inc., the Japanese brokerage that bought parts of Lehman Brothers Holdings Inc. last year, may increase the use of stock-based compensation, Chief Executive Officer Kenichi Watanabe said.
Nomura May Expand Use of Stock-Based Compensation to Retain Key Employees
Bloomberg | 27 days 12 hours 49 minutes ago
Oct. 27 (Bloomberg) -- Nomura Holdings Inc., the Japanese brokerage that bought parts of Lehman Brothers Holdings Inc. last year, may increase the use of stock-based compensation, Chief Executive Officer Kenichi Watanabe said.
Lehman Works on Billions in Debt With Auction of $300 Photo, $500 Drawings
Bloomberg | 44 days 19 hours 56 minutes ago
Oct. 10 (Bloomberg) -- A $300 photograph and a few $500 drawings from the art collection of Lehman Brothers Holdings Inc. go on sale Nov. 1 at a time when the bank owes creditors as much as $250 billion.
Barclays Capital Hired 150 Asia Bankers; To Hire 100 More - Sources
Wall Street Journal, The | 4 days 11 hours 30 minutes ago
HONG KONG (Dow Jones)--Barclays Capital, the investment banking arm of Barclays PLC (BCS), has hired about 150 bankers in Asia this year and is on track to hire around 100 more, people familiar with the situation said.
Nomura, Barclays Lure Bankers as Competitors Eliminate Jobs, Cap Bonuses
Bloomberg | 17 days 5 hours 49 minutes ago
The banks are expanding globally after they bought parts of Lehman Brothers Holdings Inc. out of bankruptcy last year. Barclays, which acquired Lehman's U.S. unit, plans to hire more than 30 bankers in Europe for its mergers advisory business and has hired about 750 people for European and Asian equities this year. Nomura, which bought Lehman's European arm, has increased its U.S. workforce by about 36 percent since March and this week hired former Goldman Sachs Group Inc. currency strategist...
Lehman-stung Shinsei refocusing on Japan
Japan Times, The | 20 days 17 hours 55 minutes ago
Having experienced a record loss on overseas investments and loans to Lehman Brothers Holdings Inc., an executive of Shinsei Bank Ltd. said the nation's seventh-largest bank will now focus on corporate and individual customers at home instead of proprietary investments abroad. Rahui Gupta YOSHIAKI MIURA PHOTO "Given the lessons that we learned from the global financial turmoil, we have acted proactively and swiftly in remodeling Shinsei Bank," Rahul Gupta, senior managing ex...
Nomura, Barclays Lure Hundreds of Bankers as Rivals Cut Jobs, Cap Bonuses
Bloomberg | 17 days 1 hour 53 minutes ago
The banks are expanding globally after they bought parts of Lehman Brothers Holdings Inc. out of bankruptcy last year. Barclays, which acquired Lehman's U.S. unit, plans to hire more than 30 bankers in Europe for its mergers advisory business and has hired about 750 people for European and Asian equities this year. Nomura, which bought Lehman's European arm, has increased its U.S. workforce by about 36 percent since March and this week hired former Goldman Sachs Group Inc. currency strategist...
Citi, Wells Fargo, Lehman Servicer Boost Mortgage Modifications
Wall Street Journal, The | 45 days 1 hour 36 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A new report from the U.S. Treasury shows Citigroup Inc. (C), Wells Fargo & Co. (WFC) and a loan servicer still owned by bankrupt Lehman Brothers Holdings Inc. (LEHMQ) made quick progress in September modifying mortgages for delinquent borrowers under a government foreclosure-prevention program.
Macquarie: Kloiser-Jones To Head Asia Structuring, Derivatives Solutions
Wall Street Journal, The | 4 days 13 hours 57 minutes ago
HONG KONG (Dow Jones)--Macquarie Group Ltd.'s (MQBKY) equities broking unit said Thursday it appointed Jeremy Kloiser-Jones to the new role of Asia head of structuring and derivatives solutions.
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 |
