Prime Wall Street
firms and where they were--1960 and 2001. Fortune
Monday, October 29, 2001
Forty years
ago virtually every major investment bank called the Wall Street
area home. Since then the headquarters of most of those firms (or the firms
with which they merged) have scattered uptown or even out of Manhattan altogether. Of the
three major investment banks whose headquarters were still south of Chambers Street on
Sept. 11, two--Lehman Brothers and Merrill Lynch--have been forced out of their damaged buildings.
Where are they? Midtown-- at least for now.
1960 The major Wall Street firms
2001 Where they were as of Sept. 11
Bankers Trust
1
Deutsche Bank
Bear Stearns
2
Bear Stearns
Chase
Manhattan Morgan Guaranty of Trust New York
3
J.P. Morgan
Chase
Dean Witter Morgan Stanley
4
Morgan Stanley
Dean Witter
Dillon Read
5
UBS Warburg
First Boston
6
Credit Suisse
First Boston
National City
Bank of New York
7
Citigroup
Goldman Sachs
8
Goldman Sachs
Lehman
Brothers
9
Lehman
Brothers
Merrill Lynch
Pierce Fenner & Smith
10
Merrill Lynch
UBS
PaineWebber
11
UBS
PaineWebber
Saloman
Brothers & Hutzler Smith Barney
12
Citigroup
Corporate & Investment Bank
FORTUNE
graphic
Source:
Tenantwise; Museum of American Financial History