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The firm is built on the foundation of more than 1,200 predecessor institutions that have come together over the last 225 years to form today's company. Rooted in both innovation and philanthropy, we trace our founding to New York City’s first water company in 1799.
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.
By creating solutions for our customers, opportunities for our employees and superior returns for our shareholders, we help each to achieve their goals. Key Dates: 1799: The Bank of Manhattan Company is founded. 1824: Chemical Bank is established. 1838: George Peabody forms a merchant bank in London. 1851: Hanover Bank begins business.
JPMorgan Chase & Co., American banking and financial services company formed through the December 2000 merger of J.P. Morgan & Co. and The Chase Manhattan Corporation. It is headquartered in New York City.
In December 2000, the combined Chase Manhattan completed the acquisition of J.P. Morgan & Co. in one of the largest banking mergers to date. The combined company was renamed JPMorgan Chase. In 2004, the bank acquired Bank One, making Chase the largest credit card issuer in the United States.
J.P. Morgan cofounded (1871) the banking company Drexel, Morgan and Company. It became J.P. Morgan and Company in 1895 and is now JPMorgan Chase & Co. In addition, it was the centrality of his role in averting disaster in 1907 that led the U.S. government to create the Federal Reserve System.
J.P. Morgan Chase & Co. is a banking and money managing company headquartered in New York City that operates all over the world. It is the largest bank in the United States, and one of the biggest in the world. It is also the world's most valuable bank by market capitalization. [2]
Our history. Discover the history of our firm and how we’re building on our past to shape the future. Explore our timeline. Art collection. Connecting clients and communities with some of the most inspiring pieces of art from around the world. See our collection. Suppliers.
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.
In 1871, J. Pierpont Morgan, the namesake of JPMorgan Chase, and Anthony Drexel, a Philadelphia businessman, established a private merchant bank in New York called Drexel, Morgan & Co., later renamed J.P. Morgan & Co.