On This Day

John Gutfreund

Investment Banker John Gutfreund

Profession: Investment Banker

United States of America

Biography: Former CEO of Salomon Brothers Inc, named 'King of Wall Street' by Business Week in 1985. Also featured prominently in the book Liar's Poker by Michael Lewis.

Born: September 14, 1929

Generation: Silent Generation
Chinese Zodiac: Snake
Star Sign: Virgo

Died: March 9, 2016 (aged 86)

Historical Events

  • 1981-10-01 US's largest private investment bank Salomon Brothers sold to commodities trader Phibro Corporation for $483 million
  • 1991-08-16 John Gutfreund announces his resignation as chief executive of Salomon Brothers amid illegal bidding scandal

Famous Financiers