Drexel Burnham Lambert Inc.

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instance_of gptkb:investment_banking
gptkbp:acquired_by gptkb:Daiwa_Securities_Group
gptkbp:assets $2.5 billion (1989)
$3 billion (1989)
gptkbp:competitors gptkb:Goldman_Sachs
gptkb:Lehman_Brothers
gptkb:Morgan_Stanley
gptkbp:defunct gptkb:1990
gptkbp:dissolved gptkb:1992
gptkbp:financials gptkb:1990
gptkbp:founded 1931
gptkbp:founder Richard Drexel
gptkbp:headcount 1,000 employees (1986)
1,200 employees (1985)
1,200 employees (1990)
1,400 employees (1984)
1,500 employees (1988)
1,800 employees (1987)
300 employees (1992)
500 employees (1990)
800 employees (1992)
over 1,000 employees (1989)
gptkbp:headquarters gptkb:Wall_Street
gptkb:New_York_City
https://www.w3.org/2000/01/rdf-schema#label Drexel Burnham Lambert Inc.
gptkbp:impact changed investment banking industry
gptkbp:industry gptkb:financial_services
gptkbp:key_people gptkb:Michael_Milken
gptkbp:legacy pioneered high-yield bonds
gptkbp:legal_issue securities fraud
insider trading
gptkbp:notable_for junk bond trading
gptkbp:notable_person gptkb:Henry_Kravis
gptkb:George_Soros
gptkb:David_Einhorn
gptkbp:parent_company gptkb:Drexel_Burnham_Lambert_Group
gptkbp:revenue $1.5 billion (1989)
gptkbp:services gptkb:investment_banking
asset management
securities trading
gptkbp:subsidiary gptkb:Drexel_Burnham_Lambert_Group
Drexel Burnham Lambert Asset Management
Drexel Burnham Lambert Capital Markets
Drexel Burnham Lambert International
Drexel Burnham Lambert Securities
gptkbp:trade_goods Kohlberg Kravis Roberts & Co. partnership
M& A advisory services
RJR Nabisco buyout
gptkbp:bfsParent gptkb:Drexel_Burnham_Lambert_Group
gptkbp:bfsLayer 6