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Edmund C. Lynch. Edmund Calvert Lynch (May 19, 1885 – May 12, 1938) and his friend, Charles E. Merrill, formed Merrill Lynch on October 15, 1915. Early years. Of Irish descent, Edmund Lynch was born on May 19, 1885, in Baltimore, Maryland, to Richard H. Lynch and Jennie Vernon Smith Lynch.
Merrill, Lynch & Company prospered by specializing in underwriting the securities of chain stores. Having helped organize Safeway Stores in 1926, Merrill sold his firm’s retail brokerage operations to E.A. Pierce & Company in 1930 and concentrated on investment banking until 1940,….
Dec 7, 1998 · In founding Merrill Lynch–his partner and sidekick, Edmund C. (“Eddie”) Lynch, was a soda-fountain-equipment salesman–Merrill created an important and enduring institution. But more than...
- Joseph Nocera
History. Founding and early history. The company was founded on January 6, 1914, when Charles E. Merrill opened Charles E. Merrill & Co. for business at 7 Wall Street in New York City. A few months later, Merrill's friend, Edmund C. Lynch, joined him, and in 1915 the name was officially changed to Merrill, Lynch & Co.
Charles Edward Merrill (October 19, 1885 – October 6, 1956) was an American philanthropist, stockbroker, and co-founder, with Edmund C. Lynch, of Merrill Lynch (previously called Charles E. Merrill & Co.).
Edmund C. Lynch was a stockbroker and co-founder of Merrill Lynch, a leading financial services company. He also invested in K-Mart and RKO Radio Pictures, and died of heart failure in 1938.
- May 19, 1885
- May 12, 1938
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Author(s): Edmund C. Lynch Source: The Business History Review, Vol. 42, No. 2 (Summer, 1968), pp. 149-170 Published by: The President and Fellows of Harvard College
