Search results
Results from the WOW.Com Content Network
Shearson Lehman Hutton was the result of the combination of several Wall Street firms over a 25-year period beginning in the early 1960s that included Lehman Brothers, Kuhn Loeb, E.F. Hutton, Hayden Stone & Co., Shearson, Hammill & Co., Loeb, Rhoades & Co., Hornblower & Company, and Cogan, Berlind, Weill & Levitt, which ultimately came together under the ownership of American Express.
Lehman Brothers Inc. (/ ˈ l iː m ən / LEE-mən) was an American global financial services firm founded in 1850. [2] Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide.
The Hutton brand was used until 1990, when American Express abandoned the name and the business was renamed Shearson Lehman Brothers. Joe Plumeri became the President & Managing Partner of Shearson Lehman Brothers in 1990. [15] [16] In 1992, Shearson sold The Boston Company, an asset management group, to Mellon Financial. In December 1988, the ...
He became the senior vice president of the former Shearson Lehman Brothers, which was an investment bank that collapsed in 2008 and helped set off the recession, The New York Times reported.
Category relating to companies that were consolidated to form Shearson Lehman/American Express, later Shearson Lehman Brothers and Shearson Lehman Hutton Subcategories This category has only the following subcategory.
In 1986, I wrote a series of feature stories for Investors Business Daily about the five-year anniversary of American Express's acquisition of Shearson Loeb Rhoades, then the second-largest ...
He later became CFO in 1985. From 1990 until 1993, Clark served as chairman and CEO of Shearson Lehman Brothers, Inc. [3] He later served as vice chairman of Lehman Brothers from 1993 to 2008, and then as vice chairman at Barclays Capital after 2008. [4] He currently serves as a member of the board of directors for Mueller Water Products. [5]
Loeb, Rhoades & Co. was a Wall Street brokerage firm founded in 1931 and acquired in 1979 by Sanford I. Weill's Shearson Hayden Stone.Although the firm would operate as Shearson Loeb Rhoades for two years, the firm would ultimately be acquired in 1981 by American Express to form Shearson/American Express and three years later Shearson Lehman/American Express.