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
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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