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J.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase , one of the largest banking institutions in the world.
The firm's early history can be traced to 1799, with the founding of what became the Chase Manhattan Company. In 1871, J.P. Morgan & Co. was founded by J. P. Morgan who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services.
As the dominant partner of Drexel & Co. of Philadelphia, he founded Drexel, Morgan & Co, which later became J.P. Morgan & Co., in New York City in 1871 with J. P. Morgan as his junior partner. He also founded Drexel University in Philadelphia in 1891. [2] [3] In 1892, Drexel was elected to the American Philosophical Society. [4]
Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
After completing his education, Morgan went to London in August 1857 to join his father, now a partner in the merchant banking firm George Peabody & Co. [a] [14] For the next fourteen years, he worked as his father's American representative in a series of affiliated New York City banking houses, learning the trade and lifestyle of a bank ...
Morgan Motor Company – H.F.S. Morgan; Morgan Stanley – Henry S. Morgan and Harold Stanley; Morris Motors – William Morris, 1st Viscount Nuffield; Morton Salt – Joy Morton; Mosler Automotive – Warren Mosler; Moto Guzzi – Carlo Guzzi; Moto Morini – Alfonso Morini; Mr. Gatti's Pizza – Pat Eure, née Gatti, wife of company founder ...
The Morgan family is an American family and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century.. Members of the family amassed an immense fortune over the generations, primarily through the work of Junius Spencer (J.S.) Morgan (1813–1890) and John Pierpont (J. P.) Morgan Sr. (1837–19
As Chairman and CEO of Chase, he and Douglas A. Warner III, then CEO of J.P. Morgan & Co., were the principal architects of the US$30.9 billion acquisition by Chase of J.P. Morgan & Co. in 2000, to form JPMorgan Chase & Co. [1] Harrison has been a director of the Firm or a predecessor institution since 1991. Harrison is also a director of Merck ...