Company Overview
Lehman Brothers was a global investment bank that ceased operations in 2008. It was founded in 1850 in Montgomery, Alabama, by Henry, Emanuel and Mayer Lehman, beginning as a dry goods store before moving into cotton brokerage and opening a New York office in 1858. Over the following century it grew into one of the largest investment banks in the United States, with businesses spanning fixed income, equities, investment banking and asset management.
The firm was at the centre of the 2007 mortgage crisis and the 2008 financial crisis. Lehman Brothers filed for Chapter 11 bankruptcy protection on 15 September 2008, declaring 639 billion dollars in assets against 613 billion dollars in debts, the largest bankruptcy filing in United States history. Its estate was subsequently wound down through the bankruptcy process.
Lehman Brothers no longer operates and is not listed on any exchange. It appears in Executive Moves coverage only as a former employer in executive career histories, and all references to the firm are historical.
Recent Leadership News
Executive Moves has not yet published a leadership appointment at Lehman Brothers. This section updates as coverage is added.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
To upgrade to a Premium Profile reach out to us at info@executive-moves.com.
Are you on the Lehman Brothers team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →
