G.H. Walker & Co.

From MarketsWiki
Jump to navigation Jump to search


Marex Logo -90px.jpg
G.H. Walker & Co.
Founded 1900
Headquarters New York

G.H. Walker & Co. was an investment banking and brokerage firm founded in 1900 by George Herbert Walker, grandfather and great-grandfather of Presidents George H.W. Bush and George W. Bush, respectively. The firm was originally based in St. Louis, Missouri before relocating to 1 Wall Street in New York City.[1]

History[edit]

G.H. Walker & Co. was established in 1900 by George Herbert Walker, a prominent banker and businessman from St. Louis. Walker's family had developed many international banking contacts, and he helped organize the 1904 St. Louis World's Fair. The firm quickly gained a reputation for its expertise in finance and investment banking.[2][3]

In July 1973, G.H. Walker & Co. acquired the securities brokerage business of Laird, Inc., becoming known as G.H. Walker, Laird & Co.[4][5] However, just over a year later, in October 1974, the firm was sold to White Weld & Co., another investment bank. White Weld was subsequently acquired by Merrill Lynch in 1978, effectively ending the independent existence of G.H. Walker & Co.

Notable Employees and Connections[edit]

Several notable figures were associated with G.H. Walker & Co. during its history:

The firm had close ties to the Bush family, with George H.W. Bush's grandfather and great-grandfather both involved in its leadership.

References[edit]