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Henchman previously served as the Asia-Pacific (ex Japan) head of legal and compliance at Legg Mason. As head of consultant relations, Gunns is responsible for Neuberger Bermanâs engagement in the region with investment and asset consultants, which play an important role in the institutional investment business.
As a result, the company's North American investment banking and trading businesses and New York City headquarters were sold to British bank Barclays. Some of Lehman's U.S. businesses, including wealth management firm Neuberger-Berman, continue to operate as stand-alone entities under new ownership. And because of the company's global reach, its bankruptcy proceedings are complex, ongoing, and have resulted in the closing of 80 of the bank's smaller subsidiaries.