Lehman Brothers Begins Final Audit

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NEW YORK International investment specialist Lehman Brothers is in the final stages of a review for global duties on its brand and that of Neuberger-Berman.

Lehman Brothers parted with incumbent The Gate in July after the independent shop declined to participate in the review. Neuberger-Berman incumbent, Agency 212, did not advance past the semifinalist round, sources said.

Still in contention are three shops: WPP Group’s Grey in New York, Cramer-Krasselt/Hampfel Stefanides and Omnicom Group’s Della Femina Rothschild Jeary and Partners, sources said.



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