C.E. Unterberg, Towbin

C.E. Unterberg, Towbin

C.E. Unterberg, Towbin, was a United States investment bank. Founded as C.E. Unterberg & Co. in 1932 by Clarence E. Unterberg, the firm changed its name to C.E Unterberg, Towbin & Co., in 1953. [ [http://query.nytimes.com/gst/fullpage.html?res=9B0DE6D8113FF933A05752C1A961948260&scp=3&sq=unterberg+rothschild&st=nyt New York Times Obituary- Clarence E. Unterberg] ] [ [http://select.nytimes.com/mem/archive/pdf?res=F00B13FD3D59177B93C1AB178ED85F478585F9 New York Times- Dealer Changing Name] ] Following its merger with L.F. Rothschild in 1977, the firm was known as L. F. Rothschild, Unterberg, Towbin. Following the 1986 departure of Tom Unterberg and Bob Towbin for Lehman Brothers, the firm became known as L.F. Rothschild until it filed Chapter 11 in 1989. Subsequently, in 1990 Tom Unterberg started a new firm with investment banker Bob Harris, formerly of Alex. Brown & Sons, called Unterberg Harris. The firm focused on raising capital for growth companies, with a focus in the technology, healthcare and global security, sectors. In 1995, Towbin rejoined the firm and in 1997, Bob Harris left for Bear Stearns, so the company took on the C.E. Unterberg, Towbin name once again. On July 16, 2007, the firm was acquired by UK based investment bank, Collins Stewart, and assumed that firm's name. [ [http://www.reuters.com/article/mergersNews/idUSWLA894920070521 Reuters- Collins Stewart to Acquire C.E. Unterberg Towbin] ]


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