Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
Bove Foresees U.S. Bank Stocks Doubling on `Astoundingly Positive' Profits
Bloomberg | 18 days 4 hours 6 minutes ago
Bove, the analyst who recommended selling Lehman Brothers Holdings Inc. four months before it collapsed, said earnings at U.S. banks will begin to recover in the second half of 2010 and triple within three years. Lenders have raised the level of cash on their balance sheets to a level where they don't face the same risks of collapse that they did a year ago, he said.
Some T-Bills Due Jan, Feb Are Trading With Negative Rates
Wall Street Journal, The | 4 days 3 hours 25 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Some Treasury bills maturing at the start of next year traded at negative rates Thursday, a sign of investors' strong demand for the safest securities at a time when T-bills are in scarce supply.
U.S. Fed boosts bank scrutiny
Canada.com | 3 days 10 hours 3 minutes ago
Federal Reserve officials are stepping up scrutiny of the biggest U.S. banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter.
Just 62.5% of '10 university grads offered jobs next spring: survey
Japan Times, The | 4 days 21 minutes ago
The employment rate for students expected to graduate from universities next spring stood at 62.5 percent nationwide as of Oct. 1, down a sharp 7.4 percentage points from a year earlier, a government survey showed Thursday. The figure is the third-lowest ever, ahead of 60.2 percent in logged 2003 and 61.3 percent in 2004, and reflects the economic slowdown, according to the survey conducted by the ministries of education and labor. The decline is the biggest year-on-year drop since...
Companies push for derivatives exemption - National Business - MiamiHerald.com
Miami Herald, The | 5 days 5 hours 6 minutes ago
WASHINGTON -- As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
Wire Business News
Sacramento Bee (Calif.), The | 5 days 5 hours 4 minutes ago
WASHINGTON -- As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
Companies push for derivatives exemption
Seattle Times, The | 5 days 5 hours 17 minutes ago
WASHINGTON As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
Companies push for derivatives exemption - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 5 days 5 hours 3 minutes ago
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BofA's Cuadrado Quits After Beker Returns to Run Latin America Research
Bloomberg | 10 days 3 hours 2 minutes ago
Cuadrado said in an e-mail that he's leaving to â??pursue new opportunitiesâ?? after working at the bank for more than four years. He was an employee of Merrill Lynch & Co. when it was bought by Bank of America in January to help it avoid becoming a casualty of the global credit crisis that pushed rival Lehman Brothers Holdings Inc. into bankruptcy. Cuadrado didn't immediately return calls seeking comment.
Companies push for derivatives exemption
Washington Post, The | 5 days 5 hours 1 minute ago
WASHINGTON -- As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
Bank of Japan injects cash into flailing markets
Independent (London), The | 20 days 4 hours 38 minutes ago
Home > News > Business > Business News
Companies push for exemption from capital requirements on derivatives, senators voice support
Star Tribune (Minneapolis-St. Paul, Minn.) | 5 days 4 hours 51 minutes ago
WASHINGTON - As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
Real to Hit Pre-Lehman Level Versus Yen, Barclays Says: Technical Analysis
Bloomberg | 26 days 12 hours 1 minute ago
Oct. 28 (Bloomberg) -- The yen is likely to weaken versus the Brazilian real to levels last seen before Lehman Brothers Holdings Inc. declared bankruptcy in September 2008, according to Barclays Bank Plc.
Companies drop pensions, pay execs $350M: GAO
Business Insurance | 4 days 2 hours 35 minutes ago
Ten large U.S. companies paid senior executives a total of $350 million in the few years prior to dropping traditional pension plans for employees, a Congressional watchdog said Thursday.
U.S. Stocks Rise; Dow Average Tops 10,000 for First Time Since October '08
Bloomberg | 40 days 6 hours 6 minutes ago
Oct. 14 (Bloomberg) -- The Dow Jones Industrial Average climbed above 10,000 for the first time in a year, led by lenders, as U.S. stocks approached their highest levels since Lehman Brothers Holdings Inc.'s bankruptcy sent the global economy into a tailspin.
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 |
