166:
134:
founded in 1914. Blyth
Eastman operated for many years as one of the few major investment banking firms on the West Coast of the U.S. At the time of its acquisition, Blyth Eastman had more than 700 finance related employees with over 70 branch offices across the U.S. Blyth Eastman was among the
251:
to form Blyth
Eastman, Paine Webber. The merger would prove difficult for the combined company which struggled to integrate Blyth Eastman's investment banking operations with Paine Webber's retail business. This merger never fully achieved the intended goal of turning Paine Webber into a major
38:
231:
Eastman Dillon had been a full-time investment banking firm, founded in
Pennsylvania in 1912 by Herbert Dillon and Thomas Eastman. Union Securities had formerly been the investment banking operations of
208:, joined what was then Blyth & Co. to assist in developing its underwriting and distribution businesses, which were intended to complement the company's West Coast investment banking operation.
754:
252:
investment banking house. In 1984, a reorganization of the company combined the three subsidiaries, Paine, Webber, Jackson & Curtis; Blyth
Eastman Paine Webber; and PaineWebber
769:
240:'s separation of banking and underwriting activities. Eastman Dillon Union Securities & Co. established a successful track record during the 1940s and 1950s in as a
582:
759:
779:
193:. Originally known as Blyth, Witter & Co., the firm was renamed Blyth & Co. in 1924, when Witter left to set up his own brokerage business,
223:
Two years later, Blyth & Co. merged with
Eastman Dillon Union Securities & Co. in 1972, which itself was the product of the 1956 merger of
789:
784:
409:
256:, under one name, PaineWebber Incorporated, resulting in the disappearance of the Blyth Eastman brand. Paine Webber was acquired by
37:
17:
326:
774:
764:
217:
427:
355:
205:
314:
723:
557:
490:
233:
220:, in what was at the time an unusual acquisition by a company outside of the investment banking industry.
457:
143:
713:
622:
381:
182:
228:
72:
692:
672:
419:
237:
447:
348:
194:
8:
577:
480:
437:
201:
169:
Blyth Witter & Co., the firm's predecessor was founded in 1914 by
Charles Blyth and
592:
552:
442:
432:
404:
389:
516:
495:
475:
394:
253:
652:
500:
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241:
224:
186:
68:
637:
567:
682:
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617:
341:
302:
289:
276:
131:
56:
697:
562:
546:
190:
170:
204:, former chairman of the National City Bank of New York and a director of the
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687:
540:
139:
109:
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642:
632:
587:
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248:
150:
91:
728:
718:
657:
572:
399:
662:
627:
597:
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top ten largest investment banks at the time of its acquisition.
277:
Secrets of the temple: how the
Federal Reserve runs the country
257:
154:
95:
146:. The firm also had a strong corporate banking business.
755:
Defunct financial services companies of the United States
364:
333:
244:
firm, focusing on acquiring and restructuring companies.
236:, and was established in 1939, in the aftermath of the
247:
In 1979, Blyth, Eastman, Dillon & Co. merged with
142:, institutional investing, commodities brokering, and
770:
Financial services companies disestablished in 1979
760:Financial services companies established in 1914
741:
211:
349:
176:
780:Former investment banks of the United States
216:In 1970, Blyth was sold for $ 55 million to
356:
342:
130:(Blyth Eastman or BEDCO) was an American
164:
14:
742:
337:
153:in 1979, which was later acquired by
790:1979 disestablishments in California
317:. New York Times, February 8, 1987
24:
292:. St. Martin's Press, 2009, p. 111
218:Insurance Company of North America
25:
801:
785:1914 establishments in California
206:Federal Reserve Bank of New York
36:
27:American investment banking firm
486:Blyth, Eastman Dillon & Co.
428:Basler & ZĂĽrcher Bankverein
128:Blyth, Eastman Dillon & Co.
31:Blyth, Eastman Dillon & Co.
308:
303:Wall Street: financial capital
295:
282:
270:
234:J. & W. Seligman & Co.
138:Blyth Eastman was a leader in
13:
1:
724:Wellington Management Company
491:Kidder, Peabody & Company
315:Don Marron's Dream Slips Away
263:
212:Consolidation and acquisition
775:Banks disestablished in 1979
327:Paine Webber Company History
7:
10:
806:
363:
177:Founding and early history
160:
765:Banks established in 1914
714:MFS Investment Management
706:
606:
529:
509:
466:
458:O'Connor & Associates
418:
382:Union Bank of Switzerland
380:
371:
183:San Francisco, California
149:The firm was merged with
115:
101:
86:
78:
62:
52:
44:
35:
229:Eastman Dillon & Co.
181:The firm was founded in
73:Eastman Dillon & Co.
66:Blyth, Witter & Co.
18:Blyth, Witter & Co.
448:Dillon, Read & Co.
420:Swiss Bank Corporation
173:
168:
94:, ultimately part of
707:Largest shareholders
481:Jackson & Curtis
195:Dean Witter Reynolds
578:Alex Wilmot-Sitwell
443:SG Warburg & Co
438:Warburg Dillon Read
405:Phillips & Drew
329:. Funding Universe
117:Number of employees
32:
593:William G. Parrett
553:Markus U. Diethelm
517:McDonald & Co.
476:Paine & Webber
433:Basler Handelsbank
390:Bank in Winterthur
238:Glass–Steagall Act
174:
30:
737:
736:
525:
524:
496:Mitchell Hutchins
395:Toggenburger Bank
254:Mitchell Hutchins
125:
124:
16:(Redirected from
797:
653:Jerker Johansson
501:Union Securities
453:Brinson Partners
378:
377:
358:
351:
344:
335:
334:
318:
312:
306:
299:
293:
286:
280:
274:
242:merchant banking
225:Union Securities
202:Charles Mitchell
187:Charles R. Blyth
69:Union Securities
40:
33:
29:
21:
805:
804:
800:
799:
798:
796:
795:
794:
740:
739:
738:
733:
702:
683:Kaspar Villiger
678:Olivier Sarkozy
648:Marten Hoekstra
618:Gary P. Brinson
610:
608:
602:
533:
531:
521:
510:Other companies
505:
462:
414:
373:
367:
362:
332:
322:
321:
313:
309:
301:Robert Gambee.
300:
296:
288:Roy C. Smith.
287:
283:
279:. 1987, p. 734
275:
271:
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214:
179:
163:
132:investment bank
118:
71:
67:
57:Investment bank
28:
23:
22:
15:
12:
11:
5:
803:
793:
792:
787:
782:
777:
772:
767:
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757:
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732:
731:
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695:
690:
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635:
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625:
620:
614:
612:
604:
603:
601:
600:
595:
590:
585:
580:
575:
570:
565:
563:Naureen Hassan
560:
558:John A. Fraser
555:
550:
547:Sergio Ermotti
544:
537:
535:
527:
526:
523:
522:
520:
519:
513:
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507:
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331:
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320:
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307:
305:. 1999, p. 224
294:
290:Paper Fortunes
281:
268:
267:
265:
262:
213:
210:
191:Dean G. Witter
178:
175:
171:Dean G. Witter
162:
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123:
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119:
116:
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99:
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54:
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41:
26:
9:
6:
4:
3:
2:
802:
791:
788:
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781:
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763:
761:
758:
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751:
748:
747:
745:
730:
727:
725:
722:
720:
717:
715:
712:
711:
709:
705:
699:
696:
694:
691:
689:
688:Axel A. Weber
686:
684:
681:
679:
676:
674:
673:Marcel Rohner
671:
669:
666:
664:
661:
659:
656:
654:
651:
649:
646:
644:
641:
639:
638:Oswald GrĂĽbel
636:
634:
631:
629:
626:
624:
621:
619:
616:
615:
613:
611:and directors
605:
599:
596:
594:
591:
589:
586:
584:
583:Robert McCann
581:
579:
576:
574:
571:
569:
568:Ulrich Körner
566:
564:
561:
559:
556:
554:
551:
548:
545:
542:
541:Colm Kelleher
539:
538:
536:
534:and directors
528:
518:
515:
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512:
508:
502:
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497:
494:
492:
489:
487:
484:
482:
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188:
184:
172:
167:
158:
156:
152:
147:
145:
141:
140:block trading
136:
133:
129:
120:
114:
111:
110:United States
107:
106:New York City
104:
100:
97:
93:
89:
85:
81:
77:
74:
70:
65:
61:
58:
55:
51:
47:
43:
39:
34:
19:
698:JĂĽrg Zeltner
668:Marcel Ospel
643:Ralph Hamers
633:Blair Effron
588:Chi-Won Yoon
485:
468:Paine Webber
374:predecessors
310:
297:
284:
272:
249:Paine Webber
246:
222:
215:
199:
180:
151:Paine Webber
148:
137:
127:
126:
102:Headquarters
92:Paine Webber
90:Merged with
45:Company type
729:Wealthfront
719:Norges Bank
693:Robert Wolf
658:Peter Kurer
623:John Costas
573:Tom Naratil
400:Interhandel
185:in 1914 by
63:Predecessor
744:Categories
663:Ken Moelis
628:John Cryan
609:executives
598:Phil Gramm
543:(Chairman)
532:executives
372:Historical
264:References
144:OTC trades
260:in 2000.
200:In 1935,
53:Industry
48:Acquired
530:Current
161:History
79:Founded
607:Former
365:UBS AG
258:UBS AG
155:UBS AG
96:UBS AG
549:(CEO)
227:and
189:and
87:Fate
82:1914
750:UBS
410:SMH
121:700
746::
197:.
157:.
108:,
357:e
350:t
343:v
20:)
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