New York, Ontario and Western Railway Co. issued to and signed by J.S. Bache and Co. - 1932 dated Stock Certificate

Stock issued to J.S. Bache & Co. and signed on back.

Jules Semon Bache (November 9, 1861 – March 24, 1944) was an American banker, art collector and philanthropist. Jules Bache was born into a Jewish family in New York City. His father, Semon Bache [né Bach], emigrated to the United States from his native Nuremberg, Bavaria, settling in New York City, where he started the glassmaking firm Semon Bache & Company. In 1881, he started work as a cashier at Leopold Cahn & Co., a stockbrokerage firm founded by his uncle. In 1886, he was made a minority partner, and in 1892, he took full control of the business, renaming it J. S. Bache & Co. Jules Bache built the company into one of the top brokerage houses in the United States, outranked only by Merrill Lynch.

Bache & Company (later known as Bache Halsey Stuart Shields Incorporated) was an American securities firm that provided stock brokerage and investment banking services. The firm, which was founded in 1879, was based in New York, New York.

In 1981, Bache was acquired by Prudential Financial to form Prudential-Bache Securities. In 1991, the usage of the Bache name was discontinued and the firm was renamed Prudential Securities, a predecessor of the investment banking operation of Wells Fargo, via its acquisition of Wachovia Securities.

Prudential Financial retained the commodities and financial derivatives businesses, keeping them separate from the joint venture. In 2003, the firm revitalized the Bache name, creating Prudential Bache. In July 2011, the Bache Institutional Group was acquired by Jefferies Group, Inc for $430 million and was renamed Jefferies, Bache. The firm traces its roots back to 1879 with the founding of Leopold Cahn & Co., a brokerage and investment bank. In 1892, Jules S. Bache, an employee and nephew of Leopold Cahn, reorganized Leopold Cahn & Co. as J.S. Bache & Co. Jules Bache was the grandson of an officer who fought under Napoleon and collected art treasures for The Louvre. Over a fifty-year career, he built the company into one of the most successful and innovative brokerage houses in the United States.

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