|
||||||||||||||||||||||||||||||||||||||
![]() |
||||||||||||||||||||||||||||||||||||||
| 1880-1889 | ||
![]() |
During the vigorous economic
expansion of the second half of the 19th century, Lehman Brothers broadened
its expertise beyond commodities brokerage to merchant banking. Building
a securities trading business, they became members of the New York Stock
Exchange in 1887. Setting the stage for future global growth, Jacob Schiff, a Kuhn, Loeb partner, led the Firm to establish investment-banking relationships in Europe and Japan. |
| 1887 | ||
![]() |
The Firm acquires a seat on the New York Stock Exchange |
| 1889 | ||
![]() |
Lehman Brothers underwrites its first stock offering |