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Lehman’s chief sounds retreat
The call comes as the investment bank posted the biggest loss in its 158-year history, announced plans to sell off troubled assets and said it will slash its dividend.
Lehman on brink of sale
The Washington Post reports that the Fed and Treasury are engineering a sale to private investors.
Putnam: Neuberger sale symbolic but vital
In fire-sale conditions Neuberger Berman could fetch Lehman Brothers Holdings Inc. between $3 billion to $4 billion, according to one veteran investment banker.
Lehman reveals $3.9B loss, sells assets
The quarterly loss compares with the net income of $887 million posted in the the third quarter of 2007.
Lehman dives on KDB walkout chatter
Shares of Lehman Brothers Holdings Inc. shares tumbled by more than 45% in afternoon trading on concerns that talks between the firm and Korea Development Bank have broken down and that the company has been unable to raise capital.
Heads roll as Lehman shuffles execs
Lehman Brothers Holdings Inc. has made several key appointments in its fixed income and international businesses.
Report: Odds growing for Neuberger sale
Lehman Brothers Holdings Inc. is moving closer to selling its Neuberger Berman asset management unit, in a sign that its efforts to raise capital have been unsuccessful, according to a CNBC report.
More banks circling around Lehman
The Blackstone Group and KKR are separately considering buying parts of Lehman Brothers’s asset management and real estate units, a source told Reuters.
Lehman-backed Ospraie fund to fold
Asset-management firm Ospraie Management LLC is set to shutter its flagship hedge fund after sustaining severe losses.
Firms vie for slice of Lehman
The Bank of Tokyo-Mitsubishi, HSBC and an unidentified Chinese bank have emerged as potential buyers of the Wall Street giant.
Korean bank still eyeing Lehman
Despite walking away from the bargaining table last month, Korea Development Bank is still interested in acquiring troubled Wall Street giant Lehman Brothers Holdings Corp.
Report: Lehman to cut 1,500 jobs
Lehman Brothers Holdings Inc. plans to lay off as many as 1,500 employees — or 6% of its work force — a person who has been briefed on the plans told The New York Times.
Lehman cribbed from research report
Lehman Brothers has acknowledged that it plagiarized parts of a Sanford C. Bernstein & Co. research report.
Love ’em and Lehman
The bank up to its eyeballs in bad mortgages and write-offs — why not just dump the core and keep Neuberger Berman?
Lehman plays coy with Neuberger sale
The firm has informed three private-equity firms that they remain in the running to buy its asset management business.
Morgan Stanley poaches American Indian wealth team
Morgan Stanley Private Wealth Management has poached a team from fellow Lehman Brothers to serve high-net-worth American Indian clients.
Report: Private equity eyeing Lehman
Five firms are said to have expressed interest in buying a stake in Lehman's investment management business.
Doubt cast on possible Lehman deal
“It may not be proper” for KDB of Seoul, South Korea, to take on the “excessive burdens” of Lehman, a Korean official said.
Lehman mortgage chief to retire
Ted Janulis, 49, will be the third Lehman Brothers executive to leave the New York-based firm in as many months.
Lehman snags Goldman vet to co-helm Asia
Julian Cheong is now managing director and co-head of the firm’s financial institutions group for the Asia-Pacific region.
