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Salomon Brothers, Inc., was an American multinational bulge bracket investment bank headquartered in New York City. It was one of the five largest investment banking enterprises in the United States [2] and a very profitable firm on Wall Street during the 1980s and 1990s. Its CEO and chairman at that time, John Gutfreund, was nicknamed "the ...
- 1910
- US$9.046 billion (1996)
- 7,100 (1996)
Mar 31, 2021 · Salomon Brothers, founded in 1910 by brother Arthur, Herbert and Percy Salomon, was once one of the largest Wall Street investment banks. In 1981, it was acquired by Phibro Corporation and became ...
Feb 7, 2022 · “Salomon Brothers is a legendary name that has a tremendous following,” President R. Adam Smith said in an interview. “We have the honor to carry that legacy on our shoulders and to share ...
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Mar 19, 2024 · Salomon Brothers’ journey from its founding by the Salomon brothers to its mergers and eventual dissolution is a fascinating chapter in the history of American finance. The firm’s pioneering work in fixed-income trading and the creation of mortgage-backed securities has left an indelible mark on Wall Street and the broader financial world.
Mar 2, 2022 · Salomon Brothers, a newly-formed investment bank intended as a revival of the storied Wall Street firm, is re-branding after Citigroup Inc. declined to give up the salomonbrothers.com web domain name.
- Max Reyes
Sep 24, 2008 · Warren Buffett and the Salomon Saga. Warren E. Buffett’s $5 billion investment in Goldman Sachs is being hailed as a major vote of confidence in Wall Street’s prospects. Since the credit crunch began last year, financial firms have gone cap in hand to many investors, including Mr. Buffett, seeking capital to shore up their tattered balance ...
Feb 7, 2022 · The successes of Salomon Brothers bankers -- along with their excesses -- were once synonymous with Wall Street, as depicted in the books “Liar’s Poker” and “Barbarians at the Gate.” Now ...
