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Laurence B. Kanter and Patrick Le Chanu

American family of bankers and collectors. Philip Lehman (b New York, 9 Nov 1861; d New York, 21 March 1947) was director of Lehman Brothers, an investment banking firm, and initially began collecting early Italian Renaissance paintings. His purchases were particularly extensive between 1914 and 1920 when he bought Renaissance ceramics, furniture, tapestries, and such paintings as Memling’s Annunciation (1482; New York, Met.). Bernard Berenson numbered among his friends. Philip’s son Robert Lehman (b New York, 29 Sept 1892; d New York, 9 Aug 1969) was already an enthusiastic collector while a student at Yale University, New Haven, CT (graduated 1913). In 1928 he published a catalogue of the paintings collected by his father and became head of Lehman Brothers investment bankers. He retained this post for over 40 years, turning the firm into one of the pillars of the economy and of American culture. Its headquarters were moved in ...