Report title: Summary: Lehman Brothers Inc.
from S&P Credit Research
497 word report published Jan 21, 1998

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Abstract: Standard & Poor's on Jan 15, 1998 affirmed its ratings on Lehman Brothers Holdings Inc. and its units. Standard & Poor's also revised the outlook on Lehman Brothers Holdings Inc. and Lehman Brothers Inc. to stable from negative in recognition of the progress the firm has made in diversifying its activities. Lehman laid a foundation for progress in rebuilding its equity and mergers and acquisitions business in the past two years. The firm is showing steady improvements in the profitability of its business mix and its market position, resulting in some increased diversity. The firm also has established a track record of better expense management, enhancing profitability. Standard & Poor's believes that Lehman is better positioned to control expenses if

Brief Excerpt: RESEARCH Ratings Definitions Summary: Lehman Brothers Inc. Publication date: 21-Jan-1998 Credit Rating: A+/Stable/A-1 RATIONALE Standard & Poor's on Jan 15, 1998 affirmed its ratings on Lehman Brothers Holdings Inc. and its units....

Report Type: Summary
Issuer: Lehman Brothers Inc.
Sector: Asset-Backed Commercial Paper, Asset-Backed Securities, Collateralized Debt Obligations, Corporations, Financial Institutions, Global Issuers, Insurance, Public Finance, Real Estate Companies, Residential MBS, Structured Finance
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