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 and private 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.
Famous quotes containing the word morgan:
“The “Otherizing” of women is the oldest oppression known to our species, and it’s the model, the template, for all other oppressions.”
—Robin Morgan (b. 1941)