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Brown Brothers Harriman
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===Postwar Influence and Modern Era 1945–Present=== BBH partners shaped the postwar global order: Harriman was ambassador to the USSR and UK, Lovett served as Defense Secretary, and Robert Roosa (Treasury Undersecretary, 1961–1964) stabilized U.S. monetary policy. Alan Greenspan, a BBH consultant, later chaired the Federal Reserve. The firm expanded into wealth management, private equity, and investor services, with $2.8 billion in assets by 2000. It faced criticism for discriminatory lending practices post-WWII and investing in subprime mortgage securities, receiving $2.5 billion in Federal Reserve loans during the 2008 crisis. Today, BBH operates globally from 17 locations, serving high-net-worth clients and institutions with a focus on custody, investment management, and corporate advisory. It acknowledges its 19th-century slavery ties and promotes inclusivity, though critics demand reparative justice.
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