Although JPMorgan Chase (JPM) was only formed in 2000, the bank has roots that date back to our Founding Fathers. Let's take a look at the banking giant's...
Drexel, Morgan & Co. was founded by investment banker J. Pierpont Morgan and Anthony Drexel. The firm was renamed J.P. Morgan & Co. in 1895. Chase National Bank was founded by John Thompson, who named the bank after Salmon P. Chase , Secretary of the Treasury under Abraham Lincoln.CEO of Bank One Jamie Dimon became the COO of JPMorgan Chase, eventually taking over the role of JPMorgan Chase CEO in 2006.
So let's take a look at how the banking giant became what it is today with beyond the ticker, JP Morgan Chase's earliest predecessor institution.In 1871 Drexel Morgan and co was founded by investment banker J Pierpont Morgan and Anthony Drexel. -- It seemed like a typical dispute between a company and a former employee: Toronto-Dominion Bank sued wealth adviser Gregg Desmarais last month, claiming he and a colleague “abruptly” resigned and violated their contracts by luring away clients with millions of dollars of assets to competitor Raymond James Financial Inc.
Chase National Bank Salmon P. Chase Manhattan Company Jamie Dimon J. Pierpont Morgan
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