Search results
Results From The WOW.Com Content Network
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.
John Halle Gutfreund [1] (14 September 1929 – 9 March 2016) was an American banker, businessman, and investor. He was the CEO of Salomon Brothers Inc., an investment bank that gained prominence in the 1980s.
The building was extensively renovated in 1989 to accommodate Salomon Brothers, and 7 World Trade Center alternatively became known as the Salomon Brothers building. [20] Most of the three existing floors were removed as tenants continued to occupy other stories, and more than 350 tons (U.S.) of steel were added to construct three double-height ...
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
John Meriwether headed Salomon Brothers' bond arbitrage desk until he resigned in 1991 amid a trading scandal. [6] According to Chi-fu Huang, later a Principal at LTCM, the bond arbitrage group was responsible for 80–100% of Salomon's global total earnings from the late 1980s until the early 1990s.
In 1991, Warren Buffett stepped in as CEO of Salomon Brothers to fix a mess. On the other side, America had in Buffett its newest modern folk hero. This is the moment America met Warren Buffett ...
Salomon was born to a Jewish family [3] in New York City, the son of Percy Salomon who co-founded Salomon Brothers with his brothers, Arthur and Herbert. William joined the firm aged 19 in 1933, soon after the Wall Street crash.