Warburg Dillon Read
Encyclopedia
Warburg Dillon Read was an investment bank created by the Swiss Bank Corporation
("SBC"), following its 1997 acquisition of S. G. Warburg & Co.
which it merged with Dillon, Read & Co.
, a firm it had acquired in 1995. SBC itself merged with the Union Bank of Switzerland
in 1998, creating UBS AG
. Warburg Dillon Read was subsequently renamed UBS Warburg and eventually just UBS.
Swiss Bank Corporation
Swiss Bank Corporation was a large integrated financial services company located in Switzerland...
("SBC"), following its 1997 acquisition of S. G. Warburg & Co.
S. G. Warburg & Co.
S. G. Warburg & Co. was a London-based investment bank. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but it was acquired by Swiss Bank Corporation in 1995.-Founding and early history:...
which it merged with Dillon, Read & Co.
Dillon, Read & Co.
Dillon, Read & Co. was a prominent American investment bank from the 1920s into the 1960s.-Origins:Dillon Read traces its roots to 1832 with the founding of the Wall Street brokerage firm Carpenter & Vermilye. This firm was succeeded by Read & Company in which chief principal was William A. Read. ...
, a firm it had acquired in 1995. SBC itself merged with the Union Bank of Switzerland
Union Bank of Switzerland
Union Bank of Switzerland was a large integrated financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998, to become UBS to form what was then the largest bank in Europe and the second...
in 1998, creating UBS AG
UBS AG
UBS AG is a Swiss global financial services company headquartered in Basel and Zürich, Switzerland, which provides investment banking, asset management, and wealth management services for private, corporate, and institutional clients worldwide, as well as retail clients in Switzerland...
. Warburg Dillon Read was subsequently renamed UBS Warburg and eventually just UBS.