Lehman Brothers Inc.
News and overview for Lehman Brothers Inc.
This Just In: Chung, Povich To Buy in Washington
Wall Street Journal, The | 10 days 14 hours 44 minutes ago
Connie Chung and Maury Povich are in contract to buy a home listed for $8.98 million in the Embassy Row area of Washington.
JPMorgan CEO Dimon: End "too big to fail"
Reuters | 10 days 16 hours 51 minutes ago
NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon called the idea that any bank is too big to fail "ethically bankrupt" and said regulators should have the power to wind down even the largest lenders.
Bank of America Shopping Lehman Claim: Report
ABC News | 46 days 5 hours 5 minutes ago
NEW YORK (Reuters) - Bank of America Corp is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc , Bloomberg reported citing people familiar with the matter.
Reserve to Hold Off On Fund Distributions
Wall Street Journal, The | 8 days 1 hour 57 minutes ago
Reserve Management Co.'s money-market fund Reserve Yield Plus Fund, which still has $85.5 million in assets, won't make any additional distributions to shareholders at this time, its board said.
ECB to Tighten ABS Requirements
Wall Street Journal, The | 3 days 15 hours 45 minutes ago
FRANKFURT -- The European Central Bank on Friday announced its first active step to unwind the extraordinary stimulus measures it has used to support the financial sector since the global crisis last year.
Private Properties
Wall Street Journal, The | 11 days 1 hour 53 minutes ago
This Just In: Chung, Povich To Buy in Washington Connie Chung and Maury Povich are in contract to buy a home listed for $8.98 million in the Embassy Row area of Washington.
Fannie, Freddie Woes Hurt Apartments
Wall Street Journal, The | 5 days 8 hours 33 minutes ago
The deteriorating commercial real-estate market is hitting Fannie Mae and Freddie Mac, the housing-finance giants that were taken over by the U.S. last year after billions of dollars in losses on residential real estate.
Bank of America shopping Lehman claim: report
Reuters | 46 days 3 hours 56 minutes ago
NEW YORK (Reuters) - Bank of America Corp (BAC.N) is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc (LEHMQ.PK), Bloomberg reported citing people familiar with the matter.
BRIEF-Lehman Brothers files non-timely 10-Q
Forbes | 40 days 10 hours 40 minutes ago
Oct 14 (Reuters) - Lehman Brothers Holdings Inc: * Files non-timely 10Q - SEC filing Article Controlsemail
Bank of America shopping Lehman claim - Bloomberg
Reuters | 45 days 23 hours 2 minutes ago
NEW YORK, Oct 8 (Reuters) - Bank of America Corp (BAC.N) is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc (LEHMQ.PK), Bloomberg reported citing people familiar with the matter.
Lehman Bros. auctions off art - National Business - MiamiHerald.com
Miami Herald, The | 24 days 1 hour 28 minutes ago
PHILADELPHIA -- Even in these trying financial times, you're not going to see many going-out-of-business sales like this one.
Lehman Bros. auctions off art - Business - MiamiHerald.com
Miami Herald, The | 24 days 1 hour 28 minutes ago
PHILADELPHIA -- Even in these trying financial times, you're not going to see many going-out-of-business sales like this one.
The whys and hows of regulation on derivatives adopted by House panel -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 39 days 17 hours ago
WASHINGTON (AP) — A House bill would impose new restrictions on a series of complicated financial transactions that had traded in private markets around the world without regulations. One type of these specialized derivative instruments, called credit default swaps, was blamed for the crisis that hit Wall Street last year.
The Daily Docket: Icahn Steps Into CIT Fray
Wall Street Journal, The | 34 days 17 hours 33 minutes ago
Billionaire investor Carl Icahn offered to underwrite a $6 billion loan to CIT Group Inc., The Wall Street Journal reports.
Bonuses log biggest year-on-year fall
Japan Times, The | 21 days 8 hours 17 minutes ago
Summer bonus payments at firms with at least five employees plunged 9.7 percent from a year earlier to an average of 363,104, marking the biggest fall since officials began compiling comparable data in 1991 and the third straight yearly fall, the labor ministry said Monday. "Deterioration in corporate earnings due to the Lehman shock led to a steep decline in bonuses," a Health, Labor and Welfare Ministry official said, referring to the global financial crisis after the collapse of U...
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 |
