Richard Fuld
Richard Fuld
Richard "Dick" Severin Fuld Jr.is an American banker best known as the final Chairman and Chief Executive Officer of Lehman Brothers. Fuld had held this position since the firm's 1994 spinoff from American Express until 2008. Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008, and subsequently announced a sale of major operations to parties including Barclays Bank and Nomura Securities...
among banking best continued despite difficult income investment net proved quarter resulting second terms
Despite continued difficult markets, resulting in an industry-wide slowdown in some investment banking activities, the second quarter proved to be among our best ever in terms of net income and revenues,
brothers clearly difficult fourth increases operating posted several
In what was clearly one of the most difficult operating environments in several years, Lehman Brothers posted significant year-over-year increases in the fourth quarter.
business clear expanding firm indication key presence profitable strategy year
The firm is well on its way to having its most profitable year ever, a clear indication that our strategy of expanding key business franchises and broadening our international presence has been successful.