Salomon Brothers.

Salomon Brothers was an American investment bank that was founded in 1910 and later acquired by Citigroup in 1998. The bank was known for its work in the field of mergers and acquisitions, and was one of the leading firms in the leveraged buyout industry. Salomon Brothers also played a major role in the development of the bond market, and was one of the largest traders of government bonds.

What does UBS stand for? UBS AG is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. The company provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients worldwide, and is widely considered to be a leading global wealth manager.

UBS was founded in 1862 as the Union Bank of Switzerland, and it traces its origins to the founding of the Schweizerischer Bankverein in 1854. The bank has been through a number of changes in its 150-year history, including a merger with the Swiss Bank Corporation in 1998 that created the largest bank in Switzerland.

The company's name was changed to UBS AG in 2007, and it is now one of the world's largest banks with over CHF 2.2 trillion in assets under management.

Who bought out Smith Barney?

In September of 2008, Citigroup Inc. announced that it would be selling a majority stake in Smith Barney to Morgan Stanley. The deal, which was finalized in June of 2009, gave Morgan Stanley control of Smith Barney's retail brokerage operations, with Citigroup retaining a minority stake.

What is the mean of mortgage?

Mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) in which the borrower agrees to make monthly payments over a specified period of time, usually 15 or 30 years. The lender agrees to hold the property as collateral and to release it to the borrower only when the loan has been paid in full. What did Smith Barney do? Smith Barney is an American investment bank and financial services company. It is a subsidiary of the banking giant Citigroup, and was formed in 2009 through the merger of Citigroup's Smith Barney unit with Morgan Stanley's investment banking and retail brokerage businesses.

Smith Barney provides a range of services, including investment banking, wealth management, and stockbroking. It has a global network of over 1,800 branches and offices, and employs around 48,000 people.

The company has been embroiled in a number of controversies in recent years. In 2012, it was fined $5 million by the US Securities and Exchange Commission for making misleading statements about the performance of a number of its investment products. In 2015, it was fined $7.5 million by the New York State Department of Financial Services for failing to properly supervise its employees in relation to the sale of high-risk products to clients. Does Lehman Brothers still exist? Lehman Brothers Holdings Inc. filed for bankruptcy on September 15, 2008, and its assets were acquired by Barclays PLC. The U.S. operations of Lehman Brothers were sold to Nomura Holdings Inc. There is no longer a Lehman Brothers company.