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Article: WOLFENSOHN & CO., INC. TO MERGE WITH BANKERS TRUST
- Article from:
- PR Newswire
- Article date:
- May 22, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, May 22 /PRNewswire/ -- Bankers Trust announced today that Wolfensohn & Co., Inc., a global leader in the merger, acquisition and corporate advisory businesses, will merge with Bankers Trust. The merger will create the BT-Wolfensohn M&A and Corporate Advisory Group within Bankers Trust by incorporating Bankers Trust's M&A Group into the Wolfensohn organization.
Paul A. Volcker, the former chairman of the Federal Reserve Board and the current chairman of Wolfensohn & Co., will join the Board of Directors of Bankers Trust Company and its parent, Bankers Trust New York Corporation, subject to appropriate approvals. In addition, Mr. Volcker will serve as a ...