(Bloomberg) - Donald Marron, the art collector and financier who led Paine Webber Inc.PaineWebber agreed to the SEC censure but did not admit or deny wrongdoing. Donald Baird Marron (J– December 6, 2019) was an American billionaire businessman, investment banker, investor, and philanthropist notable as the chairman and chief executive officer of brokerage firm Paine Webber from 1980 through the sale of the company in 2000, as well as the founder of private equity firm Lightyear Capital and of …The Securities and Exchange Commission charged PaineWebber, the nation’s fourth-largest brokerage firm, with breaking federal fraud and record-keeping laws and failing to properly supervise its brokers. voted Thursday to sell the 73-year-old investment firm to Paine Webber Group Inc. His kindness, gentleness, generosity as well as his. 1935 DIED 2022 PAUL LYNCH OBITUARY NovemPaul, 86, will be deeply missed by all those he touched around the globe.
Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. He is also the co-founder of the Committee for Scholarship Funds of the Cornell Alumni in Puerto Rico.Paine weber. From 2001 to 2009 he was a member of the Cornell University Board of Trustees and remains a Trustee Emeritus. Ferrer is a Cornell University alumnus where he earned a Bachelor of Arts degree in 1959 and a Masters in Business Administration in 1961. Until recently, he served as member of la Comissión Conmemorativa del Cuadragésima Aniversario del fallecimiento del Maestro Pablo Casals and director of Sociedad Económica de Amigos del País, both non-profit institutions.Īn avid art collector, Mr. Through the years he has been Director of the Board of Advisors of the University of Puerto Rico, member of the Governing Board for the Strategy Project for Puerto Rico and member of the board in the Aqueduct and Sewers Authority of Puerto Rico, and of the Corporación de Puerto Rico para la Difusión Pública among others. He was a member of the Board of Trustees for the Museum of Art of Puerto Rico and Fiduciary to the Historical Foundation of the Supreme Court of Puerto Rico. Ferrer has been one of the most important diriving forces of the investment industry in Puerto Rico while also making significant contributions to society through his involvement in various organizations. Partner and Chairman of Iconic Caribbean EB-5, Mr. Over the past years he has been Publisher of the Caribbean Business, a business periodical, part of the LMH Group, a publishing enterprise and Chairman of Select Global Advisers Group.
This company was later acquired by UBS with Ferrer as President and CEO, which included the new UBS Trust Company. In 1983 he became President of Paine Webber Incorporated of Puerto Rico making him the first Puerto Rican to direct a Paine Webber subsidiary. In the early years of his career he worked for Merrill Lynch Pierce Fenner & Smith, Inc., Eastman Dillon Union Securities and Blyth Eastman Dillon & Co., Inc. Ferrer was, until July 2014, Chairman of UBS-Puerto Rico. With over 50 years experience in the financial and investment industry, Miguel a.
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