FACTOID # 139: Canada is immigrant-friendly. It confers the most new citizenships per capita and per $ GDP, and the second-most new citizenships overall.
 
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Encyclopedia > Kuhn, Loeb and Co.

Kuhn, Loeb and Co. was a wall street bank founded by Abraham Kuhn and Solomon Loeb in 1867, the firm was later directed by Jacob Henry Schiff (1847-1920) who sided with E.H. Harriman in 1901 against J. Pierpont Morgan and James Jerome Hill in the battle for the Northern Pacific.


Kuhn, Loeb & Company was related to the house of M.M. Warburg of Hamburg, Germany. The main partners of Kuhn, Loeb & Co were interrelated by marriage as was quite usual in Jewish American businesses at the time.


In 1977 Kuhn Loeb was merged into Lehman Brothers to form Lehman Brothers Kuhn Loeb & Co.. In 1984 Lehman Brothers Kuhn Loeb & Co. was merged into Shearson/American Express which became Shearson Lehman/American Express. In 1993 the company that would become the Travelers Group Inc. later in the year acquire Shearson Lehman) from American Express and divest Lehman Brothers.


External links

Articles

  • The Gilded Age - Investment Bankers (http://www.raken.com/american_wealth/Gilded_age_index5.asp)

Family tree

  • Citigroup's ancestor companies 1812 - 2000 (http://www.citigroup.com/citigroup/corporate/history/data/tree85x11.pdf)

 

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