if you don't know here is some information about them.
Formed in the mid-1800s, Ladenburg Thalmann is one of the oldest investment banks in the world. By the time Ladenburg Thalmann joined The New York Stock Exchange, among the earliest members in 1879, the firm had already distinguished itself as one of the most respected private merchant banks and the principal financial intermediary between America and Europe. In 1901, Ladenburg was considered to be the foremost arbitrage firm in the country as well as one of the largest and most influential private banking firms in either hemisphere.
Throughout the early 20th century, Ladenburg played an important role in the financing and growth of American industry. The firm focused its efforts on identifying, counseling and raising capital for emerging industries, including railroads, utilities, manufacturers and retailers. In fact, Ladenburg Thalmann was among the few Wall Street firms to prosper during the Depression, placing Ladenburg among the most powerful investment banks in the world. |
