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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.
1950s popular singer, later game show panelist Jaye P. Morgan, born Mary Margaret Morgan, acquired the nickname reflecting J.P. Morgan while serving as her high school class treasurer. The villain of Street Fighter 6 is an elderly upper-class banker that uses a variety of aliases, all of which have the initials "JP."
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 ...
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]
Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security. [1] As of 2012, Chase Paymentech processed 29.5 billion transactions with a value of $655.2 billion. [citation needed]
The firm was founded in 1992, by childhood friends Glenn Dubin and Henry Swieca. The company started with $35 million in capital and is named after the 19th-century aqueduct that connects Washington Heights and the Bronx. In 2004, J.P. Morgan Asset Management purchased 55% ownership of the firm, and then substantially all the remaining shares ...
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 ...