Lehman Brothers History | ForexGen Channel

Monday, November 10, 2008

Founded in 1850 by three immigrants from Germany, Lehman Brothers has been a prominent investment bank in Wall Street for decades.

It operates at a wholesale level, dealing with governments, companies and other financial institutions, employing 25,000 people worldwide, including 5,000 in the UK.

Its core business includes buying and selling shares and fixed income assets, trading and research, investment banking, investment management and private equity.

As the crisis in financial markets gathered momentum, it saw its share price collapse from $82 to less than $4.

Traders' screams are heard from beyond the space. This is of course due to the worse level that dollar has reached after we used to mostly depend on using it. All currency pairs contain USD whether as a base or counter currency are suffering fluctuation because of the bad conditions the dollar was suffering. However, as ForexGen has the greatest trading station and financial analysts, ForexGen presents provides all clients with the best solution for this problem. After deep analysis and continuous studies, ForexGen can provide its clients with the best timeframe to perform their trades. And because ForexGen cares for the financial asset of its clients and because ForexGen seeks the general benefit for all, ForexGen experts were making their studies and updating for their analysis every hour to help ForexGen sending the right time for ForexGen clients to perform their trading activity successfully. And hence, the majority of ForexGen clients could avoid the possibility of loss.


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