Lee, Higginson & Co.

The bank helped finance the growth of General Motors during the nascent phase of the American automobile industry.

[7] In 1930, the firm formed a general partnership in France known as Lee, Higginson et Cie, with offices at 10 Rue Volney in Paris.

[9] Between 1928 and 1932, the firm underwrote millions of dollars worth of Ivar Kreuger's efforts to "corner the international matchmaking market."

[7] In July 1932, following the Swedish match scandal, the Lee Higginson Corporation was formed "with capital from sources outside the partnership of Lee, Higginson Co." to do business in New York, Boston and Chicago" under the direction of executive vice president N. Penrose Hallowell (son of Gen. Norwood Penrose Hallowell).

[11] In 1933, the firm sold its twelve-story office at 35-41 Broad Street, "regarded as one of the most attractive in the financial district",[12] to the New York Stock Exchange.

[14] In 1954, the firm led a syndicate that bought $10,000,000 of 3.25% first mortgage bonds from Columbus and Southern Ohio Electric Company.

[18] In November 1961, the firm elected Arne Fuglestad and Robert E. Niebling as vice presidents,[19] followed by Samuel Clarendon Myer in 1964.