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Industry Center - Diversified Investments
Industry Center > Diversified Investments > Lehman Brothers Holdings Inc. Company Profile
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Lehman Brothers Holdings Inc. Company Profile
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, reporting nearly $7 billion in losses in the heat of the global credit crisis. After acquisition talks with foreign investors fell through, Lehman tried to restructure, including selling off units for cash. The efforts were too little too late, though, and Lehman filed for Chapter 11 bankruptcy, shutting down operating subsidiary Lehman Brothers Inc.
Headlines for Lehman Brothers Holdings Inc.
Lehman payout tops $80 billion, creditors get another $17.9 billion
- Thu Mar 27
'Vulture' Hedge Funds Are Still Making Billions Off the Ghost of Lehman Brothers
- Thu Mar 27
UBS unit must pay $5.4 million to ex-broker who sold Lehman notes: panel
- Mon Apr 7
Obeid touted $100m water deal: ICAC
- Tue Apr 1
MF Global customers to recoup $6.7 billion as final payout starts
- Thu Apr 3
Obeids 'thought they were running NSW'
- Tue Apr 1
Regulators ease rule curbing banks' exposures to customers
- Tue Apr 15
After years of probes, SEC fraud trial over Texas tycoons to start
- Sun Mar 30
Iraq's central bank bought 36 T of gold in March
- Tue Mar 25
ICAC: Moses Obeid admits to 'little white lie' about Australian Water Holdings
- Wed Apr 2
Contact Information
Address: 1271 Avenue of the Americas
New York, NY 10020
Phone:646-285-9000
Fax:
Financial Highlights
Fiscal Year End:November
Key People
EVP and CFO: William J. Fox
Industry Information
Sector: Financial
Industry: Diversified Investments
 


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