July 21, 2017 5:10 AM ET

Capital Markets

Company Overview of Lehman Brothers Holdings, Inc.

Company Overview

Lehman Brothers Holdings, Inc., through its subsidiaries, provides various financial services to corporations, governments and municipalities, institutions, and high-net-worth individuals worldwide. The company operates in three segments: Capital Markets, Investment Banking, and Investment Management. The Capital Markets segment represents institutional customer flow activities, including secondary trading, financing, mortgage origination and securitization, prime brokerage, and research activities in fixed income and equity products. It also offers equity and fixed income products, including U.S., European, and Asian equities; government and agency securities; money market products; corpora...

1271 Avenue of the Americas

45th Floor

New York, NY 10020

United States

Founded in 1850

25,935 Employees

Phone:

646-285-9000

Fax:

212-526-3738

Key Executives for Lehman Brothers Holdings, Inc.

Lehman Brothers Holdings, Inc. does not have any Key Executives recorded.

Lehman Brothers Holdings, Inc. Key Developments

Court Approves Agreement Streamlining Lehman Brothers Holdings Inc Securities Settlement

Lehman Brothers Holdings Inc. and its investors received court approval on July 6 for their agreement seeking to avoid continued litigation over financial crisis-era securities claims. The next step in the nearly 9-year-old bankruptcy case is an estimation proceeding in which the court will decide the total amount Lehman owes on 244 residential mortgage-backed securities. To help the estimation end at the October hearing without appeal, investor trustees agreed in June to an offer by Lehman to set a $2.4 billion floor. If the court estimates the covered loan claims at $2 billion or more, the trustees will have waived their right to appeal for more and Lehman will have waived its right to appeal for less. If the court estimates the claims to be less than $2 billion, the trustees may appeal for a higher number. Additionally, any estimate greater than $2 billion but less than $2.4 billion will set the claim at $2.4 billion, essentially setting a floor at $2.4 billion. Claims estimated by the court to be above $2.4 billion would be set at the level of the claim.

Similar Private Companies By Industry

Company Name Region
@Visory LLC United States
1 Road Partners LLC United States
11T Partners, LLC United States
123Jump.com, Inc. United States
1509225 Ontario, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Lehman Brothers Holdings, Inc., please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.