Blyth, Eastman Dillon & Co.
Blyth, Eastman Dillon & Co. (Blyth Eastman or BEDCO) was an American investment bank founded in 1914. Blyth Eastman operated for many years as one of the few major investment banking firms on the West Coast of the U.S. At the time of its acquisition, Blyth Eastman had more than 700 finance related employees with over 70 branch offices across the U.S. Blyth Eastman was among the top ten largest investment banks at the time of its acquisition.
| Company type | Acquired |
|---|---|
| Industry | Investment bank |
| Predecessor | Blyth, Witter & Co. Union Securities Eastman Dillon & Co. |
| Founded | 1914 |
| Fate | Merged with Paine Webber, ultimately part of UBS AG |
| Headquarters | New York City, United States |
Number of employees | 700 |
Blyth Eastman was a leader in block trading, institutional investing, commodities brokering, and OTC trades. The firm also had a strong corporate banking business.
The firm was merged with Paine Webber in 1979, which was later acquired by UBS AG.
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