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Reuters (Free subscription) | 07/23/2008
BANGALORE (Reuters) - Lehman Brothers Holdings Inc is likely to make a sizable asset sale, which may include a sale of its investment management unit Neuberger Berger, in a move to address problems, particularly those related to its asset exposures and potential client erosion, said analysts at UBS.
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Reuters UK (Free subscription) | 07/23/2008
BANGALORE (Reuters) - Lehman Brothers Holdings Inc is likely to make a sizable asset sale, which may include a sale of its investment management unit Neuberger Berger, in a move to address problems, particularly those related to its asset exposures and potential client erosion, said analysts at UBS.
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Times of India (Free subscription) | 07/22/2008
Donald Trump Jr will join Deutsche Bank AG and Lehman Brothers Holdings Inc in amassing funds to invest in a market that recorded the world's highest growth in millionaires last year.
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The Earth Times Online Newspaper (Free subscription) | 07/22/2008
(Reuters) - Lehman Brothers Holdings Inc hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc , as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the situation.
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Law.com - Inside Opinions: Legal Bl (Free subscription) | 07/23/2008
Carrie Dwyer at Charles Schwab Corp. and Thomas Russo at Lehman Brothers Holdings Inc. both got sizable nonequity incentive compensation. Dwyer pulled in an extra $2.7 million, a 112 percent increase over the year before. That brought her total cash compensation to $3.2 million, and she jumped to the 11th spot on this year's list, up from 26th place in last year's survey. While...
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Business Times Asiaone (Free subscription) | 07/21/2008
(SINGAPORE) Global demand growth for oil will be 47 per cent lower this year than initial forecasts because of declining oil consumption in the US and slowing world economies, Lehman Brothers Holdings Inc said.
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Mark Investments (Free subscription) | 07/19/2008
... brutal slide of last week, mortgage lenders Fannie Mae and Freddie Mac each gained more than 20%. Lehman Brothers Holdings Inc. jumped as well and has regained 50% of its value since setting a multiyear low July 15. The KBE exchange-traded fund that follows banks gained 10%, lifted by JPMorgan Chase & Co.’s encouraging second-quarter profits, while the XBD broker-dealers index...
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MarketBeat (Free subscription) | 07/17/2008
... and returns what was borrowed, pocketing any difference.) Bearish bets on Freddie, Fannie and Lehman Brothers were spiking, at least as of the beginning of this week. As of Monday, Fannie had 18.65% of its market cap on loan a jump of 67.2% since July 7. Freddie had 21.18% of its market cap in borrowers’ hands, a gain of almost 40% from July 7. Lehman Brothers Holdings Inc....