Harriman Brothers & Company
Encyclopedia
Harriman Brothers & Company was an investment bank and brokerage firm founded by brothers W. Averell Harriman
W. Averell Harriman
William Averell Harriman was an American Democratic Party politician, businessman, and diplomat. He was the son of railroad baron E. H. Harriman. He served as Secretary of Commerce under President Harry S. Truman and later as the 48th Governor of New York...

 and E. Roland Harriman
E. Roland Harriman
E. Roland Harriman was a financier and philanthropist...

 in 1927. In 1931, the firm merged with Brown Bros. & Co.
Brown Bros. & Co.
Brown Bros. & Co. was an investment bank from 1818 until its merger with Harriman Brothers & Company in 1931 to form Brown Brothers Harriman & Co.-History:...

 to form Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co. is an American investment bank and securities firm, founded in 1818, it is the oldest and largest private bank in the United States. Brown Brothers Harriman serves clients globally in three main businesses: Investment Banking & Advisory, Wealth Management, Commercial...


History

In 1922, W. Averell Harriman
W. Averell Harriman
William Averell Harriman was an American Democratic Party politician, businessman, and diplomat. He was the son of railroad baron E. H. Harriman. He served as Secretary of Commerce under President Harry S. Truman and later as the 48th Governor of New York...

, using money borrowed from his father, founded W.A. Harriman & Co., a banking and brokerage business. In 1927, when his brother Roland
E. Roland Harriman
E. Roland Harriman was a financier and philanthropist...

  joined the business, the name of the firm was changed to Harriman Brothers & Company.

In 1931, the firm merged with Brown Bros. & Co.
Brown Bros. & Co.
Brown Bros. & Co. was an investment bank from 1818 until its merger with Harriman Brothers & Company in 1931 to form Brown Brothers Harriman & Co.-History:...

, an established Philadelphia-based firm founded in 1818, to create the highly successful Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co. is an American investment bank and securities firm, founded in 1818, it is the oldest and largest private bank in the United States. Brown Brothers Harriman serves clients globally in three main businesses: Investment Banking & Advisory, Wealth Management, Commercial...

.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK