G. H. Walker & Co.
 | |
| Industry | Banking, Finance |
|---|---|
| Founded | 1900 in New York City, United States |
| Founder | George Herbert Walker |
| Defunct | 1974 |
| Fate | Sold to White Weld & Co. |
G.H. Walker & Co. was an investment banking and brokerage firm founded in 1900 by George Herbert Walker, grandfather and great-grandfather of Presidents George Herbert Walker Bush and George Walker Bush, and located at 1 Wall Street.
Background[]
The firm was originally based in St. Louis, Missouri.
In July 1973, the firm acquired the securities brokerage business of Laird, Inc.[1] The company, later known as G.H. Walker, Laird & Co., was sold to White Weld & Co. in October 1974.[2][3] White Weld, in turn, was sold to Merrill Lynch in 1978.
Other notable former employees include Bill Donaldson, later founder of Donaldson, Lufkin & Jenrette and chairman of the Securities and Exchange Commission.[4] Bert Walker, later served as chairman and CEO of Stifel Financial in the late 1970s and 1980s.[5]
References[]
- ^ G. H. WALKER & CO. TO BUY LAIRD ASSETS. New York Times, July 18, 1973
- ^ Weld & Co announces plans to take over G H Walker, Laird & Co. New York Times, October 1, 1974
- ^ MERGER PLANNED BY WHITE, WELD. New York Times, October 1, 1974
- ^ Wall Street figure tapped to head SEC . San Francisco Chronicle, December 11, 2002
- ^ History of Stifel Nicolaus. (Stifel Financial website)
- Merrill (company)
- Bush family
- Former investment banks of the United States
- Financial services companies established in 1900
- Financial services companies disestablished in 1974
- Defunct financial services companies of the United States
- 1900 establishments in Missouri
- 1974 disestablishments in New York (state)