1075

PaineWebber Investment Series 1988 Specimen Stock Cert, XF ABNC

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:25.00 USD Estimated At:60.00 - 120.00 USD
PaineWebber Investment Series 1988 Specimen Stock Cert, XF ABNC
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PaineWebber & Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis that hit the market in 1893. The firm moved its headquarters from Boston to New York in 1963. The firm's holding company was incorporated on June 30, 1969 as PaineWebber Inc., of which Paine Webber Jackson & Curtis was its main subsidiary.