J.P. Morgan & Co. was a
commercial and
investment banking institution based in the United States founded by
J. Pierpont Morgan and commonly known as the
House of Morgan or simply
Morgan. Today, J.P. Morgan is the investment banking arm of
JPMorgan Chase.
The firm is the direct predecessor of two of the largest banking institutions in the United States and globally,
JPMorgan Chase and
Morgan Stanley.
In 2000, J.P. Morgan was acquired by
Chase Manhattan Bank to form
JPMorgan Chase & Co., one of the largest global banking institutions. Today, the J.P. Morgan brand is used to market certain JPMorgan Chase wholesale businesses, including
investment banking,
commercial banking and
asset management. The J.P. Morgan branding was revamped in 2008 to return to its more traditional appearance after several years of depicting the "
Chase symbol to the right of a condensed and modernized "JPMorgan".
Between 1959 and 1989, J.P. Morgan operated as the
Morgan Guaranty Trust, following its merger with the
Guaranty Trust Company.
In 2008 JP Morgan was crowned Deal of the Year - Equity Market Deal of the Year at the
2008 ALB Japan Law Awards.
History
Early History
The origins of the firm date back to 1854 when
Junius S. Morgan joined a London-based banking business headed by
George Peabody. Over the next ten years, Junius took control of
George Peabody & Co., changing the name to
J.S. Morgan & Co. ...
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