Salomon Smith Barney

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In 1997 "Smith Barney Holdings Inc., the brokerage arm of Travelers Group, is combined with Salomon Inc. to form Salomon Smith Barney Holdings Inc." [1]

In 1997 "Travelers Group Inc will acquire Salomon Inc in a $9 billion deal. Salomon will be integrated into Travelers subsidiary Smith Barney Holdings Inc to form Salomon Smith Barney Holdings Inc." [2]

In 2000, Citigroup "completed the merger of its Salomon Smith Barney unit with Schroder Plc's investment banking business. The new unit, to be known as Schroder Salomon Smith Barney in Europe with immediate effect, will be in a unique position to offer clients an unparalleled range of products, outstanding advisory expertise and a truly global distribution platform." [3]

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References

  1. History, Citigroup, accessed October 14, 2007.
  2. Salomon under Travelers' umbrella. (Salomon Inc to be acquired by Travelers Group Inc), Business Insurance, accessed November 25, 2008.
  3. Schroder Salomon Smith Barney Merger Completed, Citigroup, accessed October 14, 2007.