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Lehman Brothers - A Brief History

Lehman Brothers Headquarters New York

In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated to the United States from the town of Rimpar, in the German state of Bavaria. He settled in Montgomery, Alabama, where he opened a dry goods store, 'H. Lehman'. In 1847, following the arrival of Emanuel Lehman, the Firm became 'H. Lehman and Bro'. With the arrival of their youngest brother, Mayer Lehman, in 1850, the Firm changed its name again and 'Lehman Brothers' was founded.

People News: Blackstone, Deutsche Bank, UBS

UBS HQ archway

Blackstone is hiring a former top enforcement attorney at the U.S. Securities and Exchange Commission, months after the world’s biggest alternative-asset manager agreed to its first SEC penalty, two people with knowledge of the move said.

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Lehman Brothers Headquarters New York

Lehman Brothers - A Brief History

In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated to the United States from the town of Rimpar, in the German state of Bavaria. He settled in Montgomery, Alabama, where he opened a dry goods store, 'H. Lehman'. In 1847, following the arrival of Emanuel Lehman, the Firm became 'H. Lehman and Bro'. With the arrival of their youngest brother, Mayer Lehman, in 1850, the Firm changed its name again and 'Lehman Brothers' was founded.

Derivatives Trader Has Taxing Problems

The New York Daily News reports that Llewellyn Connolly, a former MD at Swiss Re. (and ex-Lehman and Goldman staffer) pleaded guilty in Manhattan Supreme Court last week to felony tax fraud.

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