Salomon Brothers (extinct)

Salomon Brothers (extinct)

Salomon Brothers (extinct)


New York, NY

Type of Company



Investment Banking & Brokerage

Company Description

Salomon Brothers was a Wall Street investment bank - a so-called bulge bracket company. Founded in 1910 by three brothers (Arthur, Herbert and Percy) along with a clerk named Ben Levy, it remained a partnership until the early 1980s, when it was acquired by the commodity trading firm Phibro Corporation and then became Salomon Inc. Eventually Salomon (NYSE:SB) was acquired by Travelers Group in 1998, and following the latter's merger with Citicorp that same year, Salomon became part of Citigroup.

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Salomon Brothers
Recent Transactions
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Travelers Property Casualty Corp. issued USD Common Stock

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Fraport AG Frankfurt Airport Services Worldwide issued EUR Ordinary Shares

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Turkiye Petrol Rafinerileri AS issued USD Global Depositary Receipts (GDR)

Transaction Clients
Investment Advisor

Advised on Fred Meyer, Inc. purchases Quality Food Centers, Inc.


Advised on AboveNet, Inc. issued USD Common Stock

Selling Group Member

Advised on AMF Bowling, Inc. issued USD Common Stock

Transaction Advisors
Legal Advisor

Advised onUnited Parcel Service, Inc. issued USD Common Stock

Legal Advisor

Advised onTravelers Property Casualty Corp. issued USD Common Stock

Advisors & Consultants
Legal Advisor

Chair, Litigation Department at Kramer Levin Naftalis & Frankel LLP

Legal Advisor

Co-Chair, Corporate Practice Group at Hughes Hubbard & Reed LLP

Legal Advisor

Partner at Winston & Strawn LLP

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