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Alexander is credited for revitalizing J.P. Morgan & Co. with his aggressive approach to the development of new business, [1] [5] and in 1959 he leveraged this influx of capital funds to merge with the Guaranty Trust Company, forming Morgan Guaranty and serving as its CEO and chairman. [1]
The Morgan family is an American family and banking dynasty, which became prominent in the U.S. and throughout the world in the late 19th century and early 20th century.. Members of the family amassed an immense fortune over the generations, primarily through the work of Junius Spencer (J.S.) Morgan (1813–1890) and John Pierpont (J. P.) Morgan Sr. (1837–19
Sir Dennis Weatherstone KBE (29 November 1930 – 13 June 2008) was the former CEO and chairman of J. P. Morgan & Co. Born in London, he attended North Western Polytechnic. In 1946, at age 16, he was hired as a bookkeeper and was quickly promoted to the foreign exchange trading desk at the Guaranty Trust Company, a predecessor firm in London.
Drexel, Morgan & Co., headed by Anthony J. Drexel and J. P. Morgan Sr., was renamed J.P. Morgan and Company after Drexel's death in 1895. [ 57 ] [ 58 ] During the late 19th century, the bank evolved into one of the most influential institutions in the United States, and the elder Morgan became one of the country's most powerful financiers.
Subsequently, Baker, J. P. Morgan, and Simon Bettle Jr. (representative of the INC) negotiated with Ellerman, this time with a view to redeem his property. There would be two companies that would join the trust. The name of one of them was revealed in April 1901: the Leyland Line. [9]
Eric Muenter was born in Uelzen, Province of Hanover (now Lower Saxony), Prussia.Muenter's baptismal record at St. Marien Church [] list his parents as Ernst Heinrich Victor Münter (1832-1892) from Nindorf and Charlotte Lisette Julietta "Julia" Clacius (1833-1916) from Bremke.
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John Pierpont Morgan Jr, nicknamed Jack, was born on September 7, 1867, in Irvington, New York, to J. P. Morgan and Frances Louisa Tracy. He graduated from St. Paul's School, and later in 1886 from Harvard College, where he was a member of the Delphic Club, formerly known as the Delta Phi.