G. H. Walker & Co.

American investment banking and brokerage firm
G. H. Walker & Co.
IndustryBanking, Finance
Founded1900; 124 years ago (1900) in New York City, United States
FounderGeorge Herbert Walker
Defunct1974 (1974)
FateSold 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

  1. ^ "G. H. WALKER & CO. TO BUY LAIRD ASSETS". The New York Times. 1973-07-18. ISSN 0362-4331. Retrieved 2023-01-05.
  2. ^ "Weld & Co announces plans to take over G H Walker, Laird & Co". New York Times. October 1, 1974. Retrieved 2023-01-05.
  3. ^ Cole, Robert J. (1974-10-01). "MERGER PLANNED BY WHITE, WELD". The New York Times. ISSN 0362-4331. Retrieved 2023-01-05.
  4. ^ Zuckerman, Sam; Coile, Zachary (2002-12-11). "Wall Street figure tapped to head SEC / Donaldson's 'mission' to police corporations". San Francisco Chronicle. Retrieved 2023-01-05.
  5. ^ History of Stifel Nicolaus. (Stifel Financial website)
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Prescott Bush ancestors
Samuel P. Bush and Flora Sheldon
Prescott Bush (1895–1972) and
Dorothy Wear Walker (1901–1992)
George H. W. Bush (1924–2018)
Nancy Walker Bush Ellis (1926–2021)
Jonathan Bush (1931–2021)
George W. Bush (b. 1946)
Jeb Bush (b. 1953)
Neil Bush (b. 1955)