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The Bank of The Manhattan Company (New York) was founded on September 1, 1799, and continued under that name until 1955, when it merged with the Chase National Bank, which was founded in 1877; the merged bank was called The Chase Manhattan Bank.
George Fisher Baker became president of the bank after the Thompsons left the bank in the hands of Harris C. Fahnestock, a former partner of railroad financier Jay Cooke in the banking firm of Jay Cooke & Company, in 1877. [8] Thompson also founded Chase National Bank of the City of New York in 1877 (a predecessor to today's JPMorgan Chase Bank).
The bank merged with Chase National Bank in 1955 to become Chase Manhattan. [41] In 1996, Chase Manhattan was acquired by Chemical Bank, which retained the Chase name, to form what was then the largest bank holding company in the United States. [42] In December 2000, the bank acquired J.P. Morgan & Co. to form JPMorgan Chase & Co. [43]
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JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services firm headquartered in New York City and incorporated in Delaware.It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023.
J.P. Morgan Cazenove is a marketing name for the U.K. investment banking businesses and EMEA cash equities and equity research businesses of JPMorgan Chase & Co. and its subsidiaries. In 2005, JPMorgan Chase acknowledged that its two predecessor banks had received ownership of thousands of slaves as collateral prior to the Civil War. The ...
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Labrecque, the third child of eight, was born to Theodore J. Labrecque, a New Jersey Superior Court Judge of French Canadian descent and Marjorie Labrecque. [1] He attended Villanova University and graduated in 1960 and later went to the pursue his graduate studies at the Kogod School of Business of American University and the New York University Stern School of Business.