Lehman Brothers
Latest Posts
Lehman Cuts 850 As Part of Mortgage Restructuring; Consolidates Mortgage Operations
Sep 06, 2007Lehman Brothers said this morning that it has eliminated 850 positions in the U.S. and UK amid a restructuring of its mortgage business, a move that the investment bank said “sizes the business appropriately for the current market environment.” The company also said it is closing its Korean mortgage business. No details were given on what percentage of the 850 cuts were centered in the company’s US-based operations.
-
Lehman Brothers Axes BNC Mortgage — Another 1,200 Jobs Gone
Aug 22, 2007 -
‘Bloodbath’ or Overreaction? When it Comes to Subprime, The Jury is Still Out
Jul 17, 2007 -
Option One Sees Lehman Credit Line Expire; ‘Dangerous’ Time for Cerberus Deal?
Jul 09, 2007 -
No Mortgage Slump Here: Morgan Stanley Soars
Jun 20, 2007 -
BNC, Aurora to Merge; 400 Jobs to be Cut
Jun 13, 2007 -
Wall Street Buyer Moving to Acquire UK’s Largest Subprime Lender
Feb 19, 2007 -
Fieldstone Teetering?
Dec 25, 2006
