Hints and tips:
...Strategic questions have always been asked about Barclays’ presence in investment banking since it acquired the US operations of Lehman Brothers during the financial crisis....
...For the bank, it was a first attempt at a major overseas acquisition since its purchase of Lehman Brothers’ Asian and European assets in 2008....
...In 2008 Englander hired Michael Gelband from Lehman Brothers to build out the firm’s fixed-income trading business, which grew into one of Millennium’s main profit engines....
...The next attempt was led by Bob Diamond, a brash American trader whose big break was buying the US assets of Lehman Brothers out of bankruptcy in the financial crisis, leading to his appointment as group...
...One of them was a young and ambitious investment banker called Stephen Schwarzman, who had been made a partner at Lehman Brothers that same month....
...Among the newly announced recruits is Mark Weinberg, a veteran of Brookfield Asset Management and Lehman Brothers, who will take the reins at the firm’s private equity division....
...We witnessed a “Lehman moment” rather than a “Fuld finale”....
...Bank of America estimates that central banks have bought $23tn of financial securities since the collapse of Lehman Brothers in 2008....
...An original Lehman baseball cap will run collectors hundreds of dollars on eBay. Original banker bags retail for close to £300 each....
...Shirts, hats and “banker bags” from defunct companies such as Lehman Brothers, Merrill Lynch and Bear Stearns — even Enron and Bernard Madoff — are being snapped up....
...“You have to wonder whether Quibi will be our Lehman correction,” said one prominent Hollywood executive, referring to the boom in video streaming. “Meg and Jeffrey running a millennial short form?...
...During the financial crisis Mr Diamond, then leading Barclays’ investment banking arm, snatched up the US assets of Lehman Brothers out of bankruptcy....
...He has also been a managing director at Lehman Brothers and a member of six public company boards globally....
...Jeffrey Gundlach, chief executive of DoubleLine Capital, said: “Unlimited Quantitative Easing forever will have that effect, at least temporarily....
...Asking rents fell for seven consecutive quarters after the collapse of Lehman Brothers in 2008....
...The Austrian-born Goldman Sachs and Lehman Brothers alumnus brings investment-banking nous from stints on both sides of the Atlantic, but has never run a diversified global banking business before....
...DiClemente joined CBS earlier this year in the same role and before that worked as an analyst at Evercore, Nomura, Barclays and Lehman Brothers....
...(Alphaville) Deutsche’s D-Day Take a look into the origins of the most dramatic investment banking retreat since the fall of Lehman Brothers....
...Snyder thought that he should only pay $2m to UBS for its help whereas executives at the bank Jeffrey Sine and Lee Lebrun thought its contract — and months of work — entitled it to $10m....
...His management style is likely to be a focus for other shareholders weighing whether to buy in to WeWork’s IPO, according to David Erickson, a University of Pennsylvania fellow and former Lehman Brothers...
...More than a century later the late-legendary JPMorgan banker Jimmy Lee maintained the connection with former GE chief Jeffrey Immelt, advising on the sale of its stake in broadcast network NBC and its sales...
...“In the new regulatory world, any profitable business that you can get in to that fits, you have to look at,” says Jeffrey Harte, an analyst at Sandler O’Neill in New York....
...Jeffrey Lehman, vice-chancellor of New York University Shanghai said that Yu Lizhong, the university’s chancellor, already served as party secretary....
...Jeffrey Verschleiser: Top mortgage trader who joined Goldman Sachs as a partner in 2008. Now head of global mortgages, flow credit and municipals trading....
...But it also shows that a Lehman-style crash may not be inevitable. A long drawn-out generation without growth or inflation, a la Japan, is just about conceivable....
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