Lehman Consumer and Retail
Lehman's consumer/retail group is often called one of the firm's best, but aren't the two groups actually separate? I believe the retail group performs well because Lehman took CS' top-performing retail group, but how good is Lehman's consumer group as a separate entity?
No, they're the same thing. I don't know how they're divided on the floor, but they use the same P&L.
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