![]() Although the company is called PaineWebber International, the operating side and most of the earnings represent a reverse take-over by Kidder. With the exception of some members of the stockbroking side, all of the key PaineWebber executive managers in London are former Kidder Peabody employees including Watt, Dick and even O'Hanlon. neuss paineebber mean Kidder, Peabody & Company - Wikipedia Remmey v. (GE) for 603 million in common and preferred stock. PaineWebber made its first major acquisition in a decade with the late 1994 purchase of the struggling Kidder, Peabody & Co. Paine and Wallace Webber, formerly clerks at Bostons Blackstone National Bank. Join Mergr to view all 29 acquisitions of financial services companies in 1994, including 5 acquisitions by private equity firms, and 24 by strategics. GEIM, GDB & A, and SFI together, the ' Subadvisers ' ) Paine Webber Incorporated. Paine & Webber was founded in 1880 by William A. The largest financial services acquisition in 1994 was Kidder Peabody - which was acquired by PaineWebber Group for 670M. The cuts were expected to save Paine Webber. 812-9412 Kidder, Peabody Investment Trust, et al. ![]() Had there been a coup at PaineWebber in London, the house which had risen from obscurity to being a recognized Euromarket player after merging its operations with the former Kidder Peabody Securities? What had happened to the taciturn Watt, leader of the firm for many years? And where did this leave Ronnie Dick, the floating-rate note wizard who had assumed Watt's trading mantle? Was PaineWebber in New York trying to impose itself on the London trading operation? No, it wasn't. reebok dmx womens shoes PaineWebber in Altoona, PA - Stock & Bond Brokers. The announcement confirmed reports last week of the first broad cutbacks since Paine Webber bought a rival firm, the Kidder, Peabody Group, last fall. What's the story with William Watt, the head of niche bond specialist PaineWebber International who is still considered by some to have been "the best floating-rate note trader in the history of the market"? On April 18 there was a terse newsflash saying that Michael O'Hanlon, chief economist and head of research at the firm, was being made head of all fixed income.
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