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Shearson, Hammill & Co. was a Wall Street brokerage and investment banking firm founded in 1902 by Edward Shearson and Caleb Wild Hammill. The firm originally built its business as a stock broker as well as a broker of various commodities , particularly grain and cotton.
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.
Edward Shearson (c. 1904), founder of Shearson, Hammill & Co. Edward Shearson (August 3, 1864 - October 30, 1950) was a banker, millionaire and founder of Shearson, Hammill & Co., which was among the largest brokerage and investment banking firms in the United States. [1] [2]
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In 1973, during the 1973-1974 stock market crash, the firm acquired H. Hentz & Co., a venerable Wall Street investment banking, brokerage and commodities firm founded in 1850, and Saul Lerner & Company. As economic conditions worsened in 1974, Weill had the opportunity to acquire Shearson, Hammill & Co., founded in 1902.
Caleb Wild Hammill (1863–1921) was one of the founders of the stockbrokerage and banking investment firm of Shearson, Hammill & Co., founded in 1902 by Hammill and Edward Shearson. It was in existence from 1902 to 1974 under that original name.
Erin Glynn is a reporter for the USA TODAY Network Ohio Bureau, which serves the Columbus Dispatch, Cincinnati Enquirer, Akron Beacon Journal and 18 other affiliated news organizations across Ohio.
Mexico, Colombia and Brazil push back on Trump's deportation of migrants. He promises 25% tariffs, travel ban on Colombia.