Search results
Results from the WOW.Com Content Network
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. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co ...
270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper on the East Side of the Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners , the skyscraper is expected to rise 1,388 feet (423 m) when completed in 2025.
The Chase Manhattan Bank was formed upon the 1955 purchase of Chase National Bank (established in 1877) by The Bank of the Manhattan Company (established in 1799), [14] the company's oldest predecessor institution. The Bank of the Manhattan Company was the creation of Aaron Burr, who transformed the company from a water carrier into a bank. [15]
270 Park Avenue, also known as the JPMorgan Chase Tower and the Union Carbide Building, was a skyscraper in the Midtown Manhattan neighborhood of New York City.Built in 1960 for chemical company Union Carbide, it was designed by the architects Gordon Bunshaft and Natalie de Blois of Skidmore, Owings & Merrill (SOM).
[15] [69] In February 1955, the Chase Manhattan Bank purchased the Mutual Life plot for $4.425 million to construct a new headquarters called One Chase Manhattan Plaza. [10] Chase also obtained 64,000 square feet (5,900 m 2) from the Guaranty Trust Company on Liberty Street, adjacent to the other lots it had acquired. [12]
The bank paid $5 million in reparations in the form of a scholarship program for Black students. [15] [16] [17] J.P. Morgan, the company itself, is still active as the business and investment banking subsidiary of JPMorgan Chase; Chase Manhattan Bank is still active as the personal banking subsidiary of the company.
By the 1900s, the Drexel Building had become too small for the bank's needs, and Morgan wanted a larger structure, akin to the National City Bank of New York's headquarters at 55 Wall Street one block away. [60] J.P. Morgan & Co. was also leasing the Drexel Building from Anthony Drexel's estate instead of owning it outright.
60 Wall Street (formerly the J.P. Morgan Bank Building or Deutsche Bank Building) is a 55-story, [a] 745-foot-tall (227 m) skyscraper on Wall Street in the Financial District of Lower Manhattan in New York City, United States. The tower was designed by Kevin Roche and John Dinkeloo of Roche-Dinkeloo and originally built for J.P. Morgan & Co.