J.P. Morgan, Morgan, Biographies of great businessmen

Some people are born in order to leave a bright track in history. They can be remembered as positive or negative heroes, but in any case such unusual people are a bit, and everyone's biography is of great interest among subsequent generations. Ja Pe Morgan refers to the most extraordinary personalities who lived at the junction of the nineteenth and twentieth centuries. He was called the most stubborn and most generous, most cruel and most merciful. Do you think it is impossible? Just as long as you still do not know anything about the greatest financier of America.

Ja Pi Morgan: Biography Brief

The future entrepreneur was born in the aristocratic family. More precisely, the Mother of John, as the boy born in 1837, belonged to an ancient genus. The father of the child was quite a successful entrepreneur and built relations with his son on the basis of rigor and the rules.

Senior Morgan raised a successor to himself and forced her son to be the best in everything. But the boy was given with great difficulty. He was a painful child and suffered from a large number of chronic diseases. This list included arthritis, cramps, skin diseases and much more. In addition, young John desperately lacked the love and tenderness, which his parents were injured.

Ja Pe Morgan received an excellent education and from early childhood showed a tendency to entrepreneurship. During the US civil war, the young man began his career with his father and managed to immediately distinguish between several major transactions. It was only the beginning in a series of successful deals and financial mergers.

John was married twice and had four children. For all the time of its active activity, he gained unprecedented influence and practically crystal reputation. Founding the first financial empire in the history of America, Ja Pe Morgan enjoyed unprecedented love and respect for some people, but for some reason caused the lute hatred from others. This unique person became the creator of several industrial giants (they operate to today), but he himself did not feel the desire to make production.

Bank "Ji Pi Morgan Chase" created by the descendants of the financier, according to the latest data, is one of the largest on the planet. In addition, Morgan was a devoted fan of art and collected a huge collection of original paintings and sculptures, as well as a magnificent library.

Simultaneously with greed, about which Morgan's contemporaries mentioned, he was the most important patrons of New York. It is known that the financier sponsored several hospitals, museums and schools.

Ja Pe Morgan died aged seventy-five years in 1913, leaving the heirs a state of one hundred million dollars.

John Morgan family and his early childhood

The mother of the future financier belonged to the genus of the Pyerpontov. Young Juliet was distinguished by good manners and a cute lear, which attracted Junius Morgana to her. He was considered an excellent party for impoverished aristocrat, whose mother suffered from the mass of diseases, and the father suffered from skin rashes. It is the factor of degeneration of the aristocratic kind of ticketponts that caused such a weakened boy to appear on the world.

John Morgan from early childhood was considered disabled. He was lying in bed for many months, tormented from convulsion and migraine. A little boy desperately needed praise and love, but his father directed him with a rather tough hand. Despite the long list of diseases, he demanded from his son always and in everything be the first. It developed some arrogance in John and subside, which in combination with appearance and soreness caused ridicule and rejection in peers. Nevertheless, his father strictly followed him and commented on all the spheres of life until the choice of friends. Those who did not cause confidence from Junius Morgana instantly disappeared from John's life.

School Years Jay Pi Morgan

John's father often translated it from one school to another. This was due to the fact that the stubborn junius did not always like teachers and classmates of their son. And those, in turn, showed discontent with the closure of the boy and his alienation. Most of the time John conducted reading books and careful analysis of his budget. He freely spoke in several languages \u200b\u200band could afford essential financial spending if they were needed.

By ten years, the boy's mother was almost completely pulled off from his upbringing, she increasingly fell into a state of hysteria and depression. Ultimately, she completely became a prisoner of his world, from which he did not leave for months. The only one who was engaged in John was father. He persistently raised from a sick boy of his successor, because the Morgan-Srigan-Sr. business confidently went uphill.

Under these conditions, John could completely climb into himself, but he still grew a long enough child. At the time when health allowed, the boy paid the time to animals, went to the excursion and studied perfectly, not even particularly engaged in training for lessons. He was very complex about his appearance and tried to communicate only with a narrow circle of people.

The family often moved, John studied in Boston and London, where in fourteen years he dumped with a new attack of the disease, chained a teenager to bed for a long six months.

Life in the Azores

Having worried about the health of the son and consulting with various doctors, Morgan-senior decided to send her son to the Azores, where he spent away from near about a year. It is worth noting that the warm climate went to the adolescent. He recovered and lost his usual pallor. John was actively moving, cared for local beauties and force forgot about all his problems. The only thing that bothered the boy is parents. He often wrote them, and these letters were filled with love and longing.

On the Azores of Jay Pe Morgan met his fifteen years, and his father did not even congratulate him on the holiday in another letter, where he ordered to gain strength and prepare for hard work.

The beginning of the Morgan Empire

After returning home, John was sent to Switzerland, to continue education. He began to feel much more confident, and the full strength young organism has already coped better with constant attacks of the disease. Young Morgan has greatly studied, began to make new acquaintances and knew the taste of the first victories over women.

After Switzerland, John studied in London and Germany, and then returned to his father to America. It was at that moment that the civil war began, which made turmoil and confusion in the ranks of entrepreneurs. But this did not concern Morganov, they managed to extract huge benefits from the current situation. They began to supply the army with weapons, cotton and ammunition. Young Morgan very rigidly and confidently held his transactions that wrapped with literally golden rain. Junius was surprised by a grip of his son, because the branded handwriting Ja Pi Morgan was gradually manifested - risk, ruthlessness and calculation. In a pair, his father and son managed to test the mass of the transactions, which seemed very easy to see. He suddenly realized what he really wants to do, and how the obsessed did tens of thousands of dollars, who later became the basis of his empire.

First love J. Morgan

After the first victories in Business Morgan met his first and only love. Her name was Emilia Strocess, but John Laskovo in love called the girl Mimi and loyally cared for her. The beauty was the daughter of railway magnate and was distinguished by a cute appearance in combination with excellent education and a calm temper. John spent all his free time with his beloved, and his business confidently went uphill. Morgan began to engage loans for the military, which brought him to a new level among America's businessmen.

He made his favorite offer and had already begun preparations for the wedding, when the girl suddenly got sick. After some doubts, doctors diagnosed tuberculosis, which meant a sentence for young and beautiful emilia. John was out of herself from grief, but did not refuse his plans. He married a weaker girl and took her to Paris, and after - to Algeria. The young man hoped that the warm climate and the sun would create a miracle, and the beloved would cure. But this was not destined to happen - Emilia Morgan did not live in marriage even two months.

Twenty-year-old John Pierponte Morgan has long moved away from the grief on him. Many financier biographers wrote later that he kept their love for Emilia in his heart until death. None of the subsequent women failed to become a worthy replacement of Mimi.

Morgan: some strokes to a psychological portrait of a person

At the age of twenty-three, John married Francis Tracy. For many years, the married couple was born four children, but they could call themselves happy. Spouses were absolutely different on temperament. John enjoyed communicating with people and a noisy city, and his wife sought to solitude. This led to the fact that the steam had increasingly spent the time apart, they lived on different continents for several months. Naturally, there were many women around the financier, and he did not hide what he had several mistresses. Many ladies recognized that at all the handsome Morgan had an incredible magnetism and charisma. He is impossible to refuse, and the words of the financier, spoken by a quiet voice, always sounded loudly.

Morgan believed that earned money must be spent on what is expensive to heart. In his case, this was expressed in objects of art and real estate. Gradually appeared:

• a huge house at Madison Avenue;
• library built on a special project;
• villa on Hudson;
• several yachts "Corsair" (they had different displacement, but always the same name).

John Morgana really liked to look for talents and invest in various new projects. He could freely communicate with absolutely simple people who were interested in something. Do you know how the house of Ji Pi Morgana covered? Of course, with the help of electricity. An acquaintance with Thomas Edison made a huge impression on the financier, and he was the first in New York to electrify his homes and offices.

Morgana patronage activities

Many responded about Morgan as an extremely greedy man, this opinion was evolving because of his closets and inability to lead long secular conversations. He could put millions in an interesting project with a light heart and refuse to reveal the street on the street in a pair of cents. Few people knew that John Sorph was actively engaged in charity, but literally prohibited advertising this fact among the public.

At the dawn of his career, the financier sacrificed the fabulous at the time of the sum of the construction of a modern genitive office, and in the future he discharged a monthly check on its content. Communicating with Tesla, Ja Pe Morgan paid the electrification of the streets in Manhattan in order to reduce the crime rate. It is known that every year the patronage provided financial support to many American labor schools and museums.

It is known that in a rustling of generosity, John Pierpont was able to give the people who had a service, money and real estate. And in the future, he gladly supported relations with them.

Morganization: Fundamentals and Rules

The active financial activities of John and Junius Morganov led to the fact that economists revealed a whole process with the help of the construction of the empire. He was named morganization, and he was based on three principles that Morgan's senior inspired his son literally since childhood.

The first principle was a ban on speculative investment. Morganov believed that they lead to losses and spoil the reputation, which was relevant to the second principle of morganization. John Sorph himself argued that a person who has a bad reputation cannot work in the field of finance and produce any operations. Morgan believed that confidence is the basis of a successful deal. The third principle was prudence and control over capital. It is these rules that led to the creation of a huge empire that influenced the Government of America.

Financial Empire Morganov

It can be said that the Great Empire began with financing railways. The end of the nineteenth century was characterized by the rapid development of this industry, and any height is impossible without a constant inflow of money.

"Ji Pi Morgan Bank" actively financed various railway companies, putting them under their hard control. Morgan himself carefully watched the development of companies and did not give them a chance to go bankrupt. He was ready to intervene at any time in the affairs of managers and hold cardinal permutations by appointing new people to leadership posts. Over time, only strong companies that trusted Morgan remained in business. It rallied American railways, and "Ji Pi Morgan Bank" raised his rating and received new investors who admired the business grip of the financier. Literally a few years later he controlled the largest part of the country's railways.

"Ja Pi Morgan Bank" continued its activities in all spheres industry. Thanks to him, new companies were created, which united various industries under their brand. As a result, this activity went to the economy of the country who acquires power and strength.

But most of all Morgan made for America as a whole. He saved the country several times from the financial collapse and entered the horror of the presidents and the government. On the threshold of the next crisis, they understood how closely they were associated with Morgan, who one or two decisions peaks the fate of entire countries. After all, at the dawn of his career, he managed to convince European bankers to translate his capital to America and personally controlled this process. For many years, Morgana Bank practically performed the functions of the National Bank of the United States, which, naturally, could not not scare the congressmen and presidents. It seemed that Morgan had an endless influence, and only his death had forced America to take some measures to protect themselves from such situations in the future.

"Ji Pi Morgan Chase": Creation and Description

This bank, created as a result of a merger of several large, is recognized as one of the best investment projects of modernity. "Ja Pe Morgan Chase" was created in several stages, and the main core was the "Chetomikal Bank". He stood out into an independent company only in the mid-nineteenth century, and at the end of last century he was bought by "Chase Manhattan".

As a result, in 2000, the merger of "Chase Manhattan" and "Ji Pi Morgan Company" occurred. This company received the name "Ji Pi Morgan Chase Bank". Now his branches work in thirty six countries of the world, and it continues to expand its influence. Many modern analysts argue that "Ja Pi Morgan Chase Bank" embodied the dream of a great financier about the system, which would penetrate with the help of branches to all countries on the planet and could be seen the world economy.

In recent months, the press often mentions "Ji Pe Morgan" and brekes in some news columns. This is due to the fact that the bank actively collaborated with European countries and in the conditions of exit from the European Union seeks to prevent their losses. Periodically, restrictions on cash withdrawals and other measures are not quite popular in the population of Britain. Although, according to analysts, it should not lead to the crisis of the financial system of England.

Moscow: Morgana Bank

Ji Pi Morgan in Moscow has never been, but considered Russia a very promising country. His politics continued children, so in the seventies of the last century the first branch of the Morgana financial empire was opened in the capital.

"Ji Pi Morgan Bank" in Moscow is actively active. He leads to carry out transactions in dollars and advises many large Russian companies operating in the international market.

John Morgan managed to create an absolutely new financial management system that turned the ideas about the possibilities of banks. Surprisingly, so far all financier companies are successfully developing and find themselves in fairly difficult modern conditions. And this suggests that Morgan really can be considered a genius, which was subject to absolutely any cash flows.

Jay Pi Morgan. One of the greatest financiers of his generation, in childhood led a careful record of his pocket money, and being adult, earned a huge fortune due to the close attention to the flow of cash.

He reacted to the Civil War in the United States as the opportunity to make money and in 1862 founded his own Dabrey Company, Morgan and Co.

In 1871, he was united with Drexel and founded the company Drexel, Morgan, and So and very soon became one of the leading financiers of New York.

Entrepreneurs and representatives of government organizations constantly appealed to him for recommendations, and he helped prevent the financial crisis in 1895. Attempts to unite railway owners who do not support the policies of the US government.

Soon, President Theodore Roosevelt returned to the harsh reality of the owner of the business empire, the so-called industry trusts began to be formed under the powerful influence.

Bioography Ja Pi Morgan

Ja Pe Morgan was born in Hartford, Connecticut, April 17, 1837. That year there was a financial crisis in the country.

However, he did not affect Morgan: his father was a rich commodity broker and tried to extract the maximum benefit from the situation in the country.

When Jay Pi Morgan was still a small boy, the family moved to Boston, and his father took up the cotton and paper industry.

Morgan's commerce became pretty early. He did not like to play with peers, but a lot of time devoted to a thorough analysis of his budget (the habit that he retained to the end of life), clarifying receipts and expenses.

He was a book child - in part thanks to interest in commercial activities and finance, partly due to weak health. Morgan never enjoyed popular.

His restraint did not like classmates (and over time and the entire American public). Jay Pi Morgan's habits only strengthened the impression: he was considered a task, for example, because he wrote letters to Paris in good French or ordered a couple of shoes worth 900 dollars.

Education that Jay Pi Morgan has consisted of his privileged position.

When the family moved to London, he was sent to a private school to Switzerland, then he studied in Germany in Gottingen University, where he impressed his teachers that they asked him to stay and work as an assistant one of the university professors.

Ambitious young man refused to offer, because it was firmly convinced that he needed to open his job.

Ja Pe Morgan returned to the United States, and in 1857 he began working at Duncan, Sherman and Co-company with which his father collaborated.

When in 1861, civil war broke out in the USA, Ja Pe Morgan in the current situation was not distressed, but the possibility. He took advantage of the popular among rich people to avoid enrollment in the ranks of the American army: he paid a submersible candidate $ 300 so that he took his place.

In 1862, he left Duncan, Sherman and So and founded his own Dabrey Company, Morgan & Co. War raged in the country, and Morgan calculated profits. In 1864, it accumulated more than 50 thousand dollars.

The war has ended, and Ja Pe Morgan continued a victorious procession. In 1871, he united with the Philadelphia company Drexel and founded Drexel, Morgan & Co. The company's office was at the corner of Wall Street and Broad Street in New York.

Soon, Ja Ja Morgan won the reputation of one of the leading financiers of the United States of America. In a year, he received more than 500 thousand dollars - in the time it was an astronomical amount. In the 1870s, began to cooperate with railway workers: to finance railways, private capital was needed.

Its influence on the railway industry has become so significant that its leading representatives began to contact him if it was necessary to resolve the controversial situation or consult. In this area, where companies conducted an increasingly fierce struggle for the dominant position, Ja Pe Morgan began to play the role of an intermediary.

When in 1887, the US government adopted a law on trade relations between the States, which had forbidden to enter into conspiracy on prices, railway companies, as expected, again turned to Morgan with a request to organize a response. However, even him with his talents did not manage to bring the incredulous leaders to a stable consensus.

It is known that a person whose pride began to go out of control, makes the wrong actions. Ja Pi Morgana not only failed to unite representatives of the railway industry to confront the US government - he organized a secret conspiracy, as a result of which turned out to be a light target for the government, which decided to force the broken influential leaders of commercial structures.

In the 1880s, residents of the United States have imbued with hatred of Ja Morgan. But his greatest merit before the same society did not cause any damage bad reputation. In 1893, British investors seized their contributions, and the financial crisis began in the United States.

In connection with the collapse of the banking system and the Stock Exchange, the US government began to strengthen the financial system using gold reserves. According to the law, the amount of stocks could not fall below 100 million dollars (in gold).

In January 1895, gold reserves were exhausted to 58 million, and the Minister of Finance John Carlisle turned to Morgan with a request for help. Ja Pe Morgan suggested paying with investors who will sell gold coins by the US Department of Finance recently issued bonds.

It was a brilliant decision, since it turned out to be not only cost-effective, but also acceptable from a political point of view. In addition, Morgan provided guarantees to the then president to Cleveland's Growver.

The intervention of Morgan's unification helped save the country's financial system and brought good profits to Morgan himself - from 250 thousand to 16 million dollars.

This case once again stressed the talent of the Financier Ja Morgan, who has already become a parable in the towns. He continued to reanimate the country's financial system by conducting a series of incredible transactions.

For example, UNITED STATES STEEL financed is the largest steel industrial corporation in the world. Since the 1900s, it has been engaged in the union of railway companies through its concern Northern Securities Corporation and the organization of ship trust.

Nevertheless, to his major regret, the current President Theodore Roosevelt decided that he would be able to get a political advantage if he would take steep measures against the so-called trusts.

Since Northern Securities Corporation belonged to the notorious Jay Pi Morgana, Roosevelt suggested that this company would be a good example.

This time, Ja Pejorgan was a worthy opponent. With the exception of little relaxation, which followed in 1907, when the President appeared to him again for help during the financial crisis, the influence of a talented financier went to the decline.

By that time, Morgan, who was already in seventy, most of the time paid his hobby - collecting objects of art - and his personal life. He died in Rome at the age of seventy six years old.

Ja Pe Morgan was an outstanding businessman. He succeeded in many ways thanks to faith in herself, enterprise and partly - due to the fact that he had a wealthy father with connections.

He never was distinguished by strong health - in particular, he blended his big red pear nose, which became such because of the eczema, the appearance of which invariably plunged him into the deepest depression.

But, despite the need to relax often to restore forces, Morgan managed to realize his interests in the most popular sectors of the time: in railway, shipping and electrical. In addition, he did not even save the US government, helping the country to get out of a difficult situation.

Jpmorgan Chase (Rus. Jay-Pi-Morgan-Chase) is one of the oldest financial conglomerates on the planet. The financial institution, quartered in New York, is the leader in investment and commercial banking services. Assets of $ 2.3 trillion put JPMorgan Chase in the first place among the largest banks in the United States - ahead of Citigroup and Bank of America. Flowing as a result of the merger of Chase Manhattan Corporation and J.p. Morgan & Co., the company serves millions of customers in the United States.

In 1799, The Bank of The Manhattan Co. was registered, later the part of The Chase Manhattan Bank (The Chase Manhattan Bank is a predecessor of modern J.P. Morgan Chase & Co).

1857 - John Pierrefont Morgan got a job in the subsidiary of Peabody - New York Bank Duncan, Sherman & Co., belonging to his father.

1861 - Together with Cousin, John decided to open his own business - J.P.Morgan & Co. was formed. The company traded government securities, gold and foreign currency.

Over time, the eldest and younger morgana subordinate to themselves Peabody and united with Charles H. Daubney bank.

In the times of the Civil War (1861-1865), the Father and Son organize military supplies - this business brings them a good profit.

1862 - at the age of 22, John Morgan makes his first major deal - he buys and resells a large batch of coffee for good money. After receiving a profit, John, together with an entrepreneur Charles, found the brokerage company Dabney Morgan and begins close to engage in exchange speculation. In a short time, a young and talented financier earns at that time a rather large amount - 50 thousand dollars, and finally, it begins to feel the power and power of green paper - for a bribe of $ 300, he evasion from the army and avoids participation in the US Civil War.

In 1964, John-founded in 1961, J.P.Morgan & Co failed - the decision is made to dissolve it. Morgan Jr. is satisfied with an accountant in the Duncan banking company, Sherman & Co.

1870 - Franco-Prussian War flared up in Europe, and the Morgans on favorable terms become financiers of the French government - the warring country was provided with funds of $ 50 million.

1871 - after the defeat of the French foils, J.P.Morgan & CO absorbs the French financial company Drexel, Harjes & Co and gives it a new name - Morgan, Harjes & Co.

Morgana concludes a financial union with the bank of Anthony Drexel Drexel, Morgan & Co and establish close relationships with US and Great Britain governments.

1877 - John Thomson was founded by Chase National Bank, which in the future will absorb the bank of the manhattan, as a result of which the predecessor of modern J.P. will appear. Morgan Chase & Co - The Chase Manhattan Bank. Chase National Bank is named so in honor of the famous American politician and lawyer Salmon P. Chaise (Salmon P. Chase).

In 1890, Junius Morgan died (Morgan Senior).

1892 - John for the first time organizes a series of mergers and acquisitions. The legendary Corporations of Edison General Electric and Thomson-Houston Electric Company were absorbed, as a result of which Morgan's first giant trust-general electric was formed.

Morgan New York, New Haven & Hartford RR after the absorption series turns into the largest railway carrier in New England. Already by 1902, John controlled over 8,000 km of the railway canvas.

1893 - J.P. Company Morgan financed U.S. Railroads (US Railways).

Morgan implemented its first large industrial deal, providing money to the bankrupt large-scale railway companies in the United States, thus ensuring their share packages.

After the death of Anthony Drexel, the head of the Drexel banking group, Morgan & Co becomes John Morgan.

Since 1895, the French brokerage company DREXEL, MORGAN & CO operates under the name J. P. Morgan & Co. Morgan strengthens contacts with a white house formed by them Syndicate ensures the treasury crisis the necessary means in the amount of 62 million dollars in gold, thereby stabilizing the national currency rate.

1901 - under the leadership of John Morgana, the merger of companies Federal Steel Co. is held. and Carnegie Steel Co. As a result, a steel concern U. S. Steel Corp appears on the world - the world's first corporation with a turnover of more than $ 1 billion. When creating US Steel Morgan selected a business from Steel King Andrew Carnegie.

International Harvester was also created - a giant in the production of agricultural tools and International Merchant Marine - a monopolist in maritime transportation. It was the International Merchant Marine that owned by White Star Line, which built the famous "Titanic". John, as the owner of the company, could be among the doomed passengers, but, thank God, this did not happen.

1902 - Morgan becomes the largest railway magnut of the United States - his bank controlled about 5 thousand miles (8 thousand km) of America railways. J. P. Morgan Company combined several major agricultural firms at International Harvest Company.

1907 - John helped Roosevelt to cope with the crisis and arose on Wall Street to a panic, organizing joint actions of the leading financiers of New York. His successful operation convinced US politicians in the fact that market forces must be regulated.

1910 - Together with the Englishman Edward Grenfelle (1870 - 1941), Morgan bases the investment company Morgan, Grenfell & Co, which becomes something like the British representation of the financial empire Morgana.

1912 - the US Government Commission was published the results of the investigation, according to which Morgan Bank controlled all key positions of the US economy. Congress is gaining courage and declares Morgan by the oligarch who captured the whole country. John was summoned to the US Congress Commission, where he should have answered all sorts of questions about various aspects of his monopolies. Morgan's main statement was unambiguous: "Money is not the main thing, the main thing is. If I do not trust a person, he will not receive money from me for any kind of rugs. "

Morgan's empire was collapsed. It is rumored that John Pierfont Morgan, even overthrown from his pedestal, continued to influence the American economy, for example, as soon as the news was spread about the worsening health, the stock prices on the exchange sharply fell.

1913 - while traveling to Rome, on March 31 at the age of 76, Napoleon Wall Street, Great Ja Pi died. On the day of the death of John Morgan on the famous Wall Street, all state flags were lowered.

John Morgan Jack's son inherited personal capital in the amount of $ 50 million and took the place of his father. Company J.P.Morgan & Co. Concentrated in banking, returning to the origins of the family business.

Because of the opposition to the omnipotent money trust, a federal backup system was created (Fed).

On Wall Street, 23 starts construction of a new J.P.Morgan & Co-style headquarters in the style of Italian revival.

1914 - During World War I, Jack Morgan finances French and British government.

He creates a network of 2000 banks in the US, weapons and equipment for the countries in excess of 3 billion dollars. Jack Morgan finances the antigherman coalition, providing France and Russia with huge loans and posting their military orders.

After the war, J. P. Morgan contributed to the restoration of the economies of allies, placing the loans of their governments and banks in the US in excess of 10 billion dollars.

At Wall Street, 23 was built "Morgan House" - a new headquarters.

1915 - Bank J.P. Morgan issues the largest foreign loan in the history of 500 million dollars (Anglo / French Loan).

1920 - the Italian anarchist Mario Buda was blown up by J.P. headquarters. Morgan on Wall Street, 23. As a result of the terrorist attack, 30 people died, 200 was injured. Anarchists demanded to free Sakko and Vanzetti - political prisoners. However, such cruel methods did not lead to the satisfaction of their requirements - innocent Sacco and Vanzetti in 1927 were executed on false charges.

1924 - John Pierpenta library was created on the basis of a private collection of books. Its director became Belle da Costa Green - the best US librarian.

1929 - Before the beginning of the Great Depression, the famous collapse occurred in the US stock market. J. P. Morgan was mobilized by $ 250 million, however, it did not lead to the result - a panic could not be shot down.

1930 - Chase National Bank becomes the largest in the world and absorbs The Bank of the Manhattan, forming The Chase Manhattan Bank (predecessor J.P. Morgan Chase & Co).

1933-1935 - the "new course" of Franklin Roosevelt begins. In Washington, a bank act was adopted (the law of Gles-Styghel), which prescribed cash tries to separate investment activities from commercial. Morgana often suffered from state attacks by virtue of their power and influence, and when this act entered into force, the great empire, too close to the state, had to share it so that it corresponded to the published law. It was during this reorganization that the son of Jack Morgan Harry opened the investment bank Morgan Stanley.

In the course of the reorganization caused by the banking act, the company split in two. The son of Jack Morgan Harry has created an investment bank Morgan Stanley Capital International, and Jack Morgan himself remained at the head of the "commercial" corporation J.P. Morgan & Co. On the power of the Morgan Empire, this event did not have a significant pressure, but after the implementation of the "new course" reforms, the old capitalism evaporated, and by 1935, Morgana became simply very rich people, and not the kings. This year in some way can be considered the end of the Great Dynasty.

1943 - Jack Morgan died (Morgan Jr.). After his death, a person who was not a descendant of the famous financier, but all the power of the Great Ja Pi was lost.

1947 - the company allocates $ 8.5 million to buy 17-acres of land for the construction of the headquarters of the international organization.

1959 - despite the fact that after the death of Jack Morgan at the head of the company, a person who had nothing to do with the descendants of the famous financade, the spirit of a huge corporation still was still in its corridors. J.P.Morgan merged with a major Financial Corporation Guarantee Trust Company. The created association, which formally became known as the Morgan Guaranty Trust Company, concentrated its business on the provision of bank loans to businessmen and entrepreneurs.

The 1970s - the company decided to enter the British financial market. It turned out to be successful that soon after this London became one of the largest financial centers of the world, thus giving J.P.Morgan an excellent opportunity to see the world in all its glory.

1980 - the company was made public placement of Apple Computer.

In 1993, the bank earned 1, 6 billion.

Already in 1994, the Net profit of JPM dropped to 1, 2 billion dollars.

1995 - according to the Specialized Journal of Euromoney, J. P. Morgan became the bank provided by the most comprehensive and qualified services. The list of third-party service banks looked like this: J. P. Morgan, Merrill Lynch, SBC Warburg, Morgan Stanley and Goldman Sachs.

Net profit JPM increased to 1.3 billion, and the average shares rose from $ 56 to $ 80.

1996 - the first quarter Net profit of JPM increased compared to the first quarter of 1995 by 72% to 439 million. The increase was provided, first of all, successful trade in bonds and derivatives, the revenues from which jumped from 303 million to 758 million dollars. Revenues from the constrained investment law increased by 76% to 201 million dollars. Compared to December 1995, JPM assets rose from 185 to 205 billion dollars.

2000 - JPM united with one of the oldest financial organizations of the United States - Chase Manhattan Bank. As a result, a new bank called J.P.Morgan Chase, who immediately ranked third in the ranking of the largest banks of the United States, followed by Bank of America and Citigroup. The cost of the transaction was $ 35 billion, and the amount of the United Assets of the new bank - 675 billion dollars.

The logos of companies merged and logos: octave, symbolizing Chase took a place before the company's name. Later in some cases, the organizational parts of the company will also use individual logos.

2004 - J.P.Morgan Chase acquired Bank One for 60 billion dollars, thus having exercised the largest bank transaction over the past five years. The president of the united company was Daimon Jamie. This year, the organizational formation of J.P. was completed. Morgan Chase & Co.

2006 - Daimon Jamie took the chair of the Director-General J.P. Morgan Chase & Co.

JPM exchanged assets with Bank of New York. Under Agreement J.P. Morgan received the Bank of New York retail division, and Bank of New York is a trust business group.

2008 - J.P. Morgan Chase bought Bear Starns to bankruptcy for 1, 4 billion dollars, while playing an important role in the exit from the crisis of the credit market.

J.P.Morgan Chase Co. acquired part of operating banking assets of the Washington Mutual Inc. mortgage bank For 1.9 billion dollars.

The composition of the International Council of J.P. Morgan entered Anatoly Chubais. This Council advises the highest management of the Bank and includes 35 members (business leaders and prominent public figures).

Jamie Daimon said: "For us, a big luck is that a person with such a unique experience as Anatoly Borisovich will share with our firm with its views and evaluations as we invest in the growth of our business in Russia and other countries of Central Europe."

Corporation's net profit amounted to $ 5 billion 605 million, revenue - 72 billion 772 million dollars.

In 2009, net profit increased 2.1 times and amounted to $ 11 billion, 728 million dollars, revenue increased by 49.3%, reaching $ 108 billion 647 million.

On May 20, 2010, J.P.Morgan Chase Bank adopted a positive decision to open a correspondent account for the Moscow Credit Bank.

In May 2010, the US Federal Commission for Securities Investigating Trade Operations with Mortgage Bonds presented civil lawsuits to the Bank. As a result (2014), JPMorgan Chase & Co. Pay a record amount of $ 13 billion to stop investigating relatively frauds related to the sale of mortgage bonds until 2008

JPMorgan installed a record among US banks on costs for legal proceedings, the amount of which in five years from 2008 to 2013. exceeded $ 18 billion.