Lehman Brothers, set to report its first quarterly loss since going public, is considering raising billions of dollars in fresh capital to help shore up its balance sheet, according to people familiar with the matter.
The exact amount of the capital hike isn't known, but analysts and Wall Street executives estimate it is likely to be $3bn (â¬1.92bn) to $4bn. They said Lehman would probably announce the capital raising in conjunction with its quarterly results, due the week of June 16. The amount of new capital under consideration suggests Lehman's quarterly loss could be larger than the $300m or so that some analysts have been expecting.
