Swiss Bank Corporation
In 1994, Swiss Bank Corporation was in the midst of a series of acquisitions that included O'Connor &amp; Associates, S.G. Warburg &amp; Co., Dillon Read &amp; Co. and culminated in the bank's merger with the Union Bank of Switzerland in 1998. Swiss Bank announced the acquisition of Brinson Partners and brought in Brinson to run the bank's asset management unit. Swiss Bank Corporation paid US$750 million to acquire Brinson Partners, resulting in a profit to Brinson and his partners of US$460 million on the sale of their 75% stake in the company.