J.P. Morgan & Co.
| Company type | Subsidiary |
|---|---|
| Industry | Investment banking Asset management Private banking |
| Founded | 1871 |
| Founder | J. P. Morgan Anthony Drexel |
| Headquarters | New York City, U.S. |
Number of employees | 296,000 (2022) |
| Parent | JPMorgan Chase |
| Website | www |
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, the largest banking institution in the world. The company has been historically referred to as the "House of Morgan" or simply Morgan.
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.