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John Pierpont Morgan, founder and owner of the IMM Co. As the shipping industry prospered in the late 19th century, some sought to create a trust that would monopolize U.S. shipping companies. However, all negotiations in this regard in the 1890s fell short. The intervention of John Pierpont Morgan, one of the richest men in the world, changed ...
May 9, 1901, headline in The New York Times. The Panic of 1901 was the first stock market crash on the New York Stock Exchange, caused in part by struggles between E. H. Harriman, Jacob Schiff, and J. P. Morgan/James J. Hill for the financial control of the Northern Pacific Railway.
The J.P. Morgan & Co. logo before its merger with Chase Manhattan Bank in 2000 Influence of J.P. Morgan in Large Corporations, 1914 The J.P. Morgan headquarters in New York City following the September 16, 1920, bomb explosion that took the lives of 38 people and injured over 400 more
The troubles at JPMorgan Chase keep on mounting. In the video below, Motley Fool contributor John Maxfield discusses the latest setback for the nation's largest bank by assets. With big finance ...
JPMorgan Chase is reportedly close to settling charges stemming from its relationship with now-jailed schemer Bernie Madoff. Charges suggested that the bank didn't alert authorities about their ...
JPMorgan Chase: 1959 Chase Manhattan Bank: Clinton Trust Company Chase Manhattan Bank: JPMorgan Chase: 1959 Chemical Corn Exchange Bank: New York Trust Co. Chemical Bank New York Trust Co. JPMorgan Chase: 1961 J. P. Morgan & Co. Guaranty Trust Co. of NY Morgan Guaranty Trust Co. of NY: JPMorgan Chase: 1960 American Commercial Bank: North ...
JPMorgan's stellar performance has had investors piling into the stock. However, the stock is priced at a significant premium to peers and its historical averages. Today, JPMorgan Chase is priced ...
Speculators had sold shares that they did not own, and were now desperate to purchase shares at any price-some shares reportedly sold at $1,000. Hill, working with J. P. Morgan, took majority control of the Northern Pacific despite Harriman's best efforts. This speculation resonated throughout the stock market and the country as a whole.