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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.
His father Junius Spencer Morgan guided his son's early career and established the Morgan banking house with offices in London, New York, Philadelphia, and Paris. John Pierpont Morgan was born on April 17, 1837, in Hartford, Connecticut to Junius Spencer Morgan (1813–1890) and Juliet Pierpont (1816–1884), of the influential Morgan family .
The J.P. Morgan & Co. logo before its merger with Chase Manhattan Bank in 2000 Influence of J.P. Morgan in Large Corporations, 1914 The J.P. Morgan headquarters in New York City following the September 16, 1920, bomb explosion that took the lives of 38 people and injured over 400 more
Mary Callahan Erdoes (born August 13, 1967) is an American investment manager and businesswoman. She is the chief executive officer (CEO) of the asset and wealth management division of J.P. Morgan, since 2009. With the firm since 1996, she began her career as a portfolio manager, specializing in fixed income trading. From 2005 to 2009, she was ...
She joined JPMorgan Chase in 1999. [6] She initially worked in London, moving to New York in 2004, [7] and in various roles in the finance functions within the bank. [8] Lake was chief financial officer [9] from 2013 to 2019. [10] She was chief executive officer of consumer lending from 2019 to 2021.
New York Life Investment Management LLC [2] is a U.S. investment management company based in Jersey City, New Jersey.Founded in 1986, New York Life Investment's parent company is New York Life Insurance Company, the largest mutual life-insurance company in the United States, and one of the largest life insurers in the world, ranking #71 on the 2023 Fortune 500 list.
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In March 2008, he was a Class A board member of the Federal Reserve Bank of New York. Under Dimon's leadership, with the acquisitions during his tenure, JPMorgan Chase has become the leading U.S. bank in domestic assets under management, market capitalization value and publicly traded stock value.