J. P. Morgan. John Pierpont "J. P. " Morgan (April 17, 1837 – March 31, 1913) was an American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time. In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric. After financing the creation of the Federal Steel Company, he merged in 1901 with the Carnegie Steel Company and several other steel and iron businesses, including Consolidated Steel and Wire Company owned by William Edenborn, to form the United States Steel Corporation.
Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, John Pierpont "Jack" Morgan, Jr., and bequeathing his mansion and large book collections to The Morgan Library & Museum in New York. Childhood and education[edit] J. Career[edit] Early years and life[edit] J. J.P. After the 1893 death of Anthony Drexel, the firm was rechristened "J. J. P. Morgan, Jr. John Pierpont "Jack" Morgan, Jr. (September 7, 1867 – March 13, 1943) was an American banker and philanthropist.[1] Biography[edit] Morgan, Jr. was born on September 7, 1867 in Irvington, New York to J. P. Morgan and Frances Louisa Tracy. He graduated from Harvard in 1886, where he was a member of the Delphic Club, formerly known as the Delta Phi, and Delta Kappa Epsilon.
In 1890 Jack married Jane Norton Grew (d. 1925), daughter of Boston banker and mill owner Henry Sturgis Grew. Career[edit] Jack Morgan walking alongside his father J. The younger Morgan resembled his father in his dislike for publicity and continued his father's philanthropic policy. World War I[edit] Morgan played a prominent part in financing World War I. At the beginning of World War I, US Treasury Secretary William McAdoo and others in the Wilson administration were very suspicious of J. Postwar[edit] After World War I and the Versailles Treaty, Morgan Guaranty managed Germany's reparation payments. Philanthropy[edit] Federal Reserve Bank of New York. Federal Reserve Bank of New York building The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York state, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S.
Virgin Islands. Working within the Federal Reserve System, the New York Federal Reserve Bank implements monetary policy, supervises and regulates financial institutions[1] and helps maintain the nation's payment systems.[2] Among the other regional banks, New York Federal Reserve Bank and its president are considered first among equals.[3][4] Its current president is William C. Largest regional Federal Reserve Bank[edit] Map of the Second District Map of Federal Reserve districts Move to 33 Liberty Street[edit] Terrorism attempt[edit] Current Board of Directors[edit] Class A[edit] Class B[edit] Indra K. Morgan Stanley. Morgan Stanley (NYSE: MS) is an American multinational financial services corporation headquartered in the Morgan Stanley Building, Midtown Manhattan, New York City.[5] Morgan Stanley operates in 42 countries and has more than 1300 offices and 60,000 employees.[6] The company reports US$1.9 trillion in client assets under management as of the end of 2013.[4] The corporation, formed by J.P.
Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan), Harold Stanley and others, came into existence on September 16, 1935, in response to the Glass-Steagall Act that required the splitting of commercial and investment banking businesses. Overview[edit] The Morgan Stanley Building Morgan Stanley is an American multinational financial services corporation that, through its subsidiaries and affiliates, provides securities products and services to customers, including corporations, governments, financial institutions and individuals.
History[edit] Early years: 1935–1950[edit] 1991–present[edit] U.S. Steel. The United States Steel Corporation (NYSE: X), more commonly known as U.S. Steel, is an American integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company was the world's 13th largest steel producer in 2010. It was renamed USX Corporation in 1986 and back to United States Steel Corporation in 2001 when the shareholders of USX spun off the oil & gas business of Marathon Oil and the steel business of U. S. Steel to shareholders. In 2001 it was still the largest domestically owned integrated steel producer in the United States, although it produced only slightly more steel than it did in 1902, after significant downsizing in the 1980s.[4] U.S. History[edit] Formation[edit] The Corporation, as it was known on Wall Street,[4] always distinguished itself to investors by virtue of its size, rather than for its efficiency or creativeness during its heyday.
James A. Mid Century[edit] U.S. The U.S. The USX Period[edit] Modern era[edit]