Emanuel Lehman
Emanuel Lehman · Economics & Business
Co-founder of Lehman Brothers with his brothers Henry and Mayer; ran the New York office that turned a cotton brokerage into an investment bank.
15 February 1827, Rimpar, Bavaria (now Germany) — 10 January 1907, New York City, USA
Montgomery, Alabama; then New York, USA
Lehman Brothers1850Emanuel Lehman is recognized among Jewish contributors to Economics & Business — Co-founder of Lehman Brothers with his brothers Henry and Mayer; ran the New York office that turned a cotton brokerage into an investment bank.
Emanuel Lehman was born Mendel Lehmann in Rimpar, a Franconian village near Würzburg, into a German Jewish family; he was of Jewish background, as his brothers were. He followed Henry to Montgomery, Alabama, where the family's dry goods store began taking cotton in payment and turned into a cotton brokerage — the business that became Lehman Brothers in 1850. After Henry died of yellow fever, Emanuel and Mayer carried it on, and Emanuel opened the New York office in 1858 that moved the firm from commodities into banking. It stood for 158 years.
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Source: https://en.wikipedia.org/wiki/Emanuel_Lehman
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Co-founder of Lehman Brothers with his brothers Henry and Mayer; ran the New York office that turned a cotton brokerage into an investment bank.
Source: https://en.wikipedia.org/wiki/Emanuel_Lehman
