Lehman Brothers Holdings Inc.

News and overview for Lehman Brothers Holdings Inc.

Figures show record Wall St. profit after bailouts - MarketWatch
MarketWatch | 5 days 8 hours 53 minutes ago
However, compensation restrictions that came with government support may limit the tax-revenue bonus boost that New York City -- facing a multibillion-dollar budget deficit -- usually gets from such Wall Street success, Comptroller Thomas DiNapoli explained.


Big payouts for Lehman and Bear Stearns execs: WSJ
MarketWatch | 12 hours 26 minutes ago
The top executives at Lehman Brothers Holdings Inc


Lehman Proposes to Thaw Assets in the U.K.
Wall Street Journal, The | 19 minutes ago
Lehman Brothers Holdings Inc.'s bankruptcy estate in the U.K. is set to launch Tuesday a proposal to hedge-fund creditors aimed at unfreezing about $11 billion in assets.


Lehman expects reorganization plan in Q1
Canada.com | 5 days 6 hours 25 minutes ago
YORK -- Lehman Brothers Holdings Inc , the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said Wednesday it expects to have a reorganization plan outline ready by the end of March 2010.


Hedge funds may get $11 billion frozen at Lehman
Reuters | 1 hour 10 minutes ago
NEW YORK (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.


UPDATE 1-Hedge funds may get $11 bln frozen at Lehman
Reuters | 1 hour 18 minutes ago
NEW YORK, Nov 23 (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan.


Lehman, Bear Executives Cashed Out Big
Wall Street Journal, The | 10 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.


Hedge fund manager Einhorn says break up big banks - MarketWatch
MarketWatch | 35 days 9 hours 5 minutes ago
DTE Energy increases 2009 earnings outlook


Barclays Capital hires 150 Asia bankers, to hire 100 more - MarketWatch
MarketWatch | 4 days 20 hours 9 minutes ago
Barclays, which is best known for its bond business, has been on a hiring spree to build its Asian equity capital markets teams. The 100 or so hires are expected to be in various areas including equities, investment banking, research and information technology, one person said Thursday, adding that most of the hires will be in Hong Kong.


Money flows into hedge funds again, HFR says - MarketWatch
MarketWatch | 35 days 10 hours 20 minutes ago
Over two-thirds of all hedge funds experienced capital inflows in the third quarter, getting more than $38 billion in new assets, HFR reported. However, these gains were offset by more than $37 billion in capital outflows from investor redemptions and liquidations. That resulted in a net inflow of $1.1 billion.


Goldman posts profit, sees conditions improving - MarketWatch
MarketWatch | 39 days 13 hours 22 minutes ago
Analysts polled by Thomson Reuters had expected the firm to earn $4.24 a share.


Big Paydays for Lehman, Bear
Wall Street Journal, The | 20 hours 9 minutes ago
Bear Stearns Cos. and Lehman Brothers Holdings Inc. executives cashed out nearly $2.5 billion from their firms between 2000 and 2008 even though the financial crisis hammered the shares they held, according to a study set to be released Monday.


Radical fixes for 'too big to fail' gain support - MarketWatch
MarketWatch | 15 days 9 hours 8 minutes ago
"What you will have is another public utility sector, with banks growing roughly 4% a year, funded by deposits," Richard Bove, a financial-services analyst at Rochdale Securities, said in an interview.


CITto file for bankruptcy after rescues fail - MarketWatch
MarketWatch | 22 days 4 hours 45 minutes ago
The formal filing in U.S. Bankruptcy Court was expected to follow within hours,.


UPDATE 2-Lehman expects reorganization plan in 1st qtr
Reuters | 5 days 5 hours 8 minutes ago
NEW YORK, Nov 18 (Reuters) - Lehman Brothers Holdings Inc (LEHMQ.PK), the U.S. investment bank whose September 2008 collapse sharply accelerated a world financial meltdown, said on Wednesday it expects to have a reorganization plan outline ready by the end of March 2010.





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1247 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