Lehman Brothers Holdings Inc.

News and overview for Lehman Brothers Holdings Inc.

JPMorgan CEO Dimon: End "too big to fail"
Reuters | 10 days 15 hours 46 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.


Wall Street bonuses rise
Arizona Republic (Phoenix), The | 14 days 13 hours 24 minutes ago
Wall Street bonuses rise, Big 3 may pay $30 billion.


Nomura Posts Second Straight Quarterly Profit, Resumes Dividend Payments
Bloomberg | 26 days 22 hours 7 minutes ago
Oct. 28 (Bloomberg) -- Nomura Holdings Inc., Japan's largest brokerage, reported second-quarter profit that beat analysts' estimates and resumed dividend payments as earnings from trading and investment banking increased.


Nomura Resumes Dividend Payouts After Quarterly Net Profit Beats Estimates
Bloomberg | 26 days 22 hours 9 minutes ago
Oct. 28 (Bloomberg) -- Nomura Holdings Inc., Japan's largest brokerage, reported second-quarter profit that beat analysts' estimates and resumed dividend payments as earnings from trading and investment banking increased.


Nomura posts profit second quarter in row
Japan Times, The | 25 days 13 hours 46 minutes ago
Nomura Holdings Inc. posted a second straight quarterly profit and resumed dividend payments as earnings from trading and investment banking increased. Net income was 27.7 billion in the three months that ended Sept. 30, compared with a loss of 72.9 billion a year earlier, Japan's largest brokerage said Wednesday. The average of five estimates from analysts was for second-quarter profit of 11.5 billion. The 2008 acquisition of parts of Lehman Brothers Holdings Inc., which result...


Everything must go! Lehman Bros. art auctioned off by The Associated Press
National Public Radio | 24 days 8 hours 55 minutes ago
Even in these trying financial times, you're not going to see many going-out-of-business sales like this one.


Reserve to Hold Off On Fund Distributions
Wall Street Journal, The | 8 days 52 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.


New York Fed Caved In to AIG Creditors
Wall Street Journal, The | 7 days 49 minutes ago
The Federal Reserve Bank of New York caved in to demands by American International Group Inc.'s trading partners that they be paid in full for complex securities they had insured with the company, saving some of the world's biggest banks from potentially large losses, according to a government audit.


Audit Is Critical of N.Y. Fed in AIG Bailout
Wall Street Journal, The | 6 days 17 hours 57 minutes ago
The Federal Reserve Bank of New York caved into demands by American International Group Inc.'s trading partners that they be paid in full for complex securities they had insured with the company, saving some of the world's biggest banks from potentially large losses, according to a government audit.


This Just In: Chung, Povich To Buy in Washington
Wall Street Journal, The | 10 days 13 hours 39 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.


BUSINESS NOVEMBER 17, 2009, 7:07 A.M. ET Audit Is Critical of N.Y. Fed in AIG Bailout
Barron's (subscription required) | 6 days 18 hours 48 minutes ago
The Federal Reserve Bank of New York caved into demands by American International Group Inc.'s trading partners that they be paid in full for complex securities they had insured with the company, saving some of the world's biggest banks from potentially large losses, according to a government audit.


Nomura Promotes Sun To Head China Equity Research
Wall Street Journal, The | 42 days 11 hours 54 minutes ago
HONG KONG (Dow Jones)--Nomura Holdings Inc. (8604.TO) said Monday it promoted its chief China economist, Mingchun Sun, to a newly created role as head of China equity research.


PRIVATE PROPERTIES NOVEMBER 13, 2009 This Just In: Chung, Povich To Buy in Washington
Barron's (subscription required) | 11 days 2 hours 41 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.


Private Properties
Wall Street Journal, The | 11 days 48 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.


ECB to Tighten ABS Requirements
Wall Street Journal, The | 3 days 14 hours 40 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.





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1152 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