Talk:Brown Brothers Harriman & Co./Archives/2016
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General inaccuracies and errors
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The Wikipedia page for Brown Brothers Harriman & Co. has a couple of inaccuracies and errors which should be addressed. These items include the following:
1. Please remove George H.W. Bush from this list of notable employees: while President Bush's father Prescott Bush was a partner of the firm, George H.W. Bush has never been a Brown Brothers Harriman employee;
2. Services provided (Overview section): Brown Brothers Harriman provides private banking and mergers & acquisition advisory services; however, we are not an 'investment bank' in the truest sense of a bank which underwrites and distributes securities;
3. History section: the current first sentence reads awkwardly ("After immigrating to Baltimore, US in 1800 and linen mercantile success, Alexander Brown and his four sons cofounded Alex. Brown & Sons.") I have an alternate suggestion: After immigrating to Baltimore, US in 1800 and building a successful linen mercantile trading business, success, Alexander Brown and his four sons cofounded Alex. Brown & Sons. — Preceding unsigned comment added by Research4Insight (talk • contribs) 14:51, 30 June 2015 (UTC) Nicholas C Schmid 01:29, 27 July 2015 (UTC)Research4Insight
- All changes have been made as suggested.--Fuhghettaboutit (talk) 21:42, 17 September 2015 (UTC)
History Section
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In the History section, I am submitting a request to update the following:
1. Partners at the time of the merging of the Brown and Harriman firms were: James Brown Thatcher M. Brown Prescott S. Bush Ralph T. Crane Moreau Delano John Henry Hammond E.R. Harriman W.A. Harriman Ellery Sedgwick James Robert Abercrombie Lovett Ray Morris Knight Woolley Charles Denston Dickey Phillips Blair Lee Louis Curtis, Jr. Lawrence G. Tighe
Notes: a. A public source for this information is Partners in banking: An historical portrait of a great private bank, Brown Brothers, Harriman & Co., 1818-1968 (Library of Congress Catalog Number 68-25592) b. Granger Kent Costikyan was not a partner of Brown Brothers Harriman & Co. at the time of the merger, rather he joined the firm as a partner in August 1, 1969. c. Matthew George Smith should be removed; at no time was this person a partner of the firm
2. Harriman Brothers & Co. was not an investment company. It was a private bank conducting a banking (especially international lending and trade finance). The Harrimans and firm's general manager, Knight Woolley, called it a "merchant bank" in the style of the UK accepting houses. W.A. Harriman & Co. was not an investment company either. It was a securities underwriting and distribution business.
3. To consider the merger in 1931 the "founding" of Brown Brothers Harriman is not quite accurate. The joining of the Brown and Harriman firms represented a merging of entities whose lineage on the Brown side traces back to the early 19th century. - Research4Insight (Nicholas C Schmid) 21:13, 4 November 2015 (UTC)