Theodore Knauth
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Theodore Knauth
Theodore Whitman Knauth (1885–1962) was an investment banker, journalist, and government official. His career included reporting as a war correspondent from Europe for NBC Radio during the early years of World War II and service for the U.S. government in the Allied-occupied Germany#American Zone of Occupation, American Zone of Occupation. Early life and education Knauth was born in New York City on January 13, 1885. He graduated from Morristown-Beard School, Morristown School (now Morristown-Beard School) in Morristown, NJ in 1903. Knauth then completed his bachelor's degree at Harvard University in Cambridge, Massachusetts in 1907. While studying at Harvard, he joined the social fraternity Delta Upsilon. Knauth later served as a member of the Board of Trustees of Morristown School alongside fellow Morristown and Harvard graduates George W. Merck and Roger Burlingame. The Board elected Knauth its corporate secretary in 1922 prior to a celebration of the 25th anniversary of the s ...
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Investment Banker
Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities FICC services (fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique market (specialized businesses). Unlike commercial banks and retail banks, investm ...
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