Lehman or lemon?

15 Jun 2004 By Rob Cox

The US securities firm posted an estimatebeating quarter despite falling fixedincome revenues, largely through cost discipline. That’s great but Lehman showed no evidence that its clientdriven businesses are sufficiently robust to pick up slack from trading.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)