J.P. Morgan & Co.
J.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, one of the largest banking institutions in the world. The company has been historically referred to as the "House of Morgan" or simply Morgan.
| Company type | Subsidiary |
|---|---|
| Industry | Investment banking Asset management Private banking |
| Founded | 1871 |
| Founder | J. P. Morgan |
| Headquarters | New York City, U.S. |
Number of employees | 26,314 (2010) |
| Parent | JPMorgan Chase |
| Website | www |
For 146 years, until 2000, J.P. Morgan specialized in commercial banking, before a merger with Chase Manhattan Bank led to the business line spinning off under the Chase brand.
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