Salomon Brothers Inc. Company Profile

Aggregated data from the web about Salomon Brothers Inc.

Company Name	Salomon Brothers Inc.
Website	https://en.wikipedia.org
Snippet	Salomon Brothers was an American investment bank founded in 1910 by Arthur, Herbert and Percy Salomon and a clerk named Ben Levy, remaining a partnership until the early 1980s. It was acquired by the commodity trading firm Phibro Corporation and became Salomon Inc. Eventually, Salomon was acquired by Travelers Group in 1998; and, following the latter's merger with Citicorp that same year, Salomon became part of Citigroup. Although the Salomon name carried on as Salomon Smith Barney, w…
Fate	Acquired by Travelers Group in 1998
Defunct	2003 (name dropped by Citigroup)
Founded	1910
Founder	Arthur Salomon,Herbert Salomon,Percy Salomon
Revenue	$4.018 billion (June 1997)[1]
Industry	Financial services
Products	Sales and trading, Investment banking
Successor	Salomon Smith Barney (1998-2004), Smith Barney (2003 - 2009), Morgan Stanley Smith Barney (2009-2012), Morgan Stanley Wealth Management (since 2012)
Net income	$443 million (June 1997)[1]
Former type	Acquired
Headquarters	New York, US
Number of employees	7,100 (June 1997)[1]

Have a list of company names and need to update information? Use our Company Search tool.

Please note that Powrbot Inc does not own this content and cannot vouch for its accuracy, we simply aggregate public information for ease of research.

Want to update this profile? Please contact us here with a link to the public source verifying the edit.