Lehman Brothers Holdings Inc.

News and overview for Lehman Brothers Holdings Inc.

Dollar near its historic weakest level
Salt Lake Tribune (Utah), The | 41 days 17 hours 56 minutes ago
The dollar traded within a half-cent of the weakest level against the euro since before Lehman Brothers Holdings Inc.'s bankruptcy on bets the Federal Reserve will trail other central banks in increasing borrowing costs.


MUFG eyes 1 trillion share sale; tieup irks
Japan Times, The | 5 days 16 hours 53 minutes ago
Mitsubishi UFJ Financial Group Inc. said Wednesday it may raise as much as 1 trillion selling shares and noted terms of the planned merger between its Japanese securities unit and that of Morgan Stanley have been changed. Japan's largest bank by market value registered with the Finance Ministry to sell common stock in the next 12 months. Mitsubishi UFJ also said Morgan Stanley will have voting control of the U.S. firm's brokerage unit in Japan, which employs more than 1,000 people. ...


US government steps in with $85bn AIG rescue
Independent (London), The | 35 days 23 hours 24 minutes ago
Home > News > Business > Business News


South Korea's Economy Expands at Fastest Pace in Seven Years on Exports
Bloomberg | 29 days 13 hours 50 minutes ago
Oct. 26 (Bloomberg) -- South Korea's economy expanded at the fastest pace in seven years, stoking speculation the central bank will raise borrowing costs for the first time since the collapse of Lehman Brothers Holdings Inc.


Bank of Japan injects cash into flailing markets
Independent (London), The | 20 days 21 hours 18 minutes ago
Home > News > Business > Business News


The Daily Docket: Icahn Steps Into CIT Fray
Wall Street Journal, The | 35 days 2 hours 6 minutes ago
Billionaire investor Carl Icahn offered to underwrite a $6 billion loan to CIT Group Inc., The Wall Street Journal reports.


Companies drop pensions, pay execs $350M: GAO
Business Insurance | 4 days 19 hours 15 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.


Macquarie: Kloiser-Jones To Head Asia Structuring, Derivatives Solutions
Wall Street Journal, The | 5 days 12 hours 52 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.


Companies drop pensions, pay execs $350 million: watchdog
Reuters | 4 days 22 hours 26 minutes ago
WASHINGTON/BOSTON (Reuters) - 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 on Thursday.


Companies drop pensions, pay execs $350 mln--GAO
Reuters | 4 days 21 hours 7 minutes ago
WASHINGTON/BOSTON, Nov 19 (Reuters) - 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 on Thursday.


Barclays Capital hires 150 Asia bankers, to hire 100 more
MarketWatch | 5 days 11 hours 2 minutes ago
Barclays Capital, the investment banking arm of Barclays PLC /quotes/comstock/13!bcs/quotes/nls/bcs (BCS 21.35, +0.01, +0.03%) , has hired about 150 bankers in Asia this year and is on track to hire around 100 more, people familiar with the situation said.


JPMorgan CEO Dimon: End "Too Big to Fail"
ABC News | 11 days 1 hour 30 minutes ago
NEW YORK (Reuters) - JPMorgan Chase & Co 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.


Lehman Bros. artworks up for auction
Arizona Republic (Phoenix), The | 24 days 20 hours 13 minutes ago
Lehman Bros. artworks up for auction, PHILADELPHIA - Even in these trying financial times, you're not going to see many going-out-of-business sales like this one.


JPMorgan's Dimon says end "too big to fail"
Reuters | 11 days 29 minutes ago
NEW YORK (Reuters) - JPMorgan Chase & Co 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.


Bonuses log biggest year-on-year fall
Japan Times, The | 21 days 16 hours 50 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...





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1184 Results

Company Overview


Company: Lehman Brothers Holdings Inc.
Industry: Large-Market Investment Banking
Website: http://www.lehman.com

In what could be called the collapse heard 'round the world, venerable investment bank Lehman Brothers declared bankruptcy in September 2008, ending a reign of some 160 years in financial services. One of the top bulge-bracket firms and perennially among the industry leaders in M&A advice, debt and equity underwriting, and global finance suffered a knockout punch and reported nearly $7 billion in losses after becoming embroiled in the global credit crisis of 2007 and 2008. After acquisition talks with foreign investors fell through, Lehman attempted to restructure itself, including selling off operations for cash. The plan was too little too late, though, and Lehman filed for Chapter 11 bankruptcy protection.


Key Numbers

Sales in U.S. Dollars (mil.) 19,257 (2007)
One-year % Growth in Sales 9.5 (2007)
Net Income in U.S. Dollars (mil.) 4,192 (2007)
One-year % Growth in Net Income 5.9 (2007)
Number of Employees 28,600 (2007)
One-year % Growth in Number of Employees 10.4 (2007)
Fiscal Year-End November