Shearson

Shearson was the name of a series of investment banking and retail brokerage firms from 1902 until 1994, named for Edward Shearson and the firm he founded, Shearson Hammill & Co. Among Shearson's most notable incarnations were Shearson / American Express, Shearson Lehman / American Express, Shearson Lehman Brothers, Shearson Lehman Hutton and finally Smith Barney Shearson.

For its first eight decades, the firm operated independently and merged with a number of Wall Street's most venerable securities firms including Hayden Stone & Co. and Loeb Rhoades & Co.. In 1981, Shearson was acquired by American Express and operated as a subsidiary of the financial services company before being merged with Lehman Brothers Kuhn Loeb in 1984 and E.F. Hutton & Co. in 1988.

In 1993, Shearson was sold to Primerica, the predecessor of Citigroup, and merged with its retail brokerage business, Smith Barney to create Smith Barney Shearson'. The Shearson name was discontinued in 1994.

Read more about Shearson:  History, Acquisition History, Notable Former Employees, See Also

Other articles related to "shearson":

Shearson - See Also
... American Express Lehman Brothers E ... F ...
Hayden, Stone & Co. - Acquisition History
... mergers and acquisitions and historical predecessors (this is not a comprehensive list) Shearson Lehman Hutton Shearson Lehman Brothers Shearson/American Express American Express ... Cogan, Berlind, Weill Levitt Hayden, Stone Co Shearson, Hammill Co Loeb, Rhoades, Hornblower Co Loeb, Rhoades Co Carl M ...
Lehman Brothers - History - Merger With American Express (1984–1994)
... Shearson/American Express, an American Express-owned securities company focused on brokerage rather than investment banking, acquired Lehman in 1984, for $360 million ... On May 11, the combined firms became Shearson Lehman/American Express ... In 1988, Shearson Lehman/American Express and E.F ...
Shearson-Lehman Brothers Senior Classic
... The Shearson-Lehman Brothers Senior Classic was a golf tournament on the Champions Tour played only in 1986 ... The tournament was sponsored by Shearson Lehman/American Express ...
Morgan Stanley Wealth Management - Acquisition History
... Stanley Dean Witter Reynolds Dean Witter Reynolds Securities Smith Barney Shearson Smith Barney, Harris Upham Co Primerica Corporation Smith Barney Co Edward B ... Barney Co Harris, Upham Co Shearson Lehman Hutton Shearson Lehman Brothers Shearson/American Express American Express Shearson Loeb Rhoades Shearson Hayden Stone Hayden Stone, Inc Cogan ...