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1799 

 

The Manhattan Company was a New York bank and holding company established in 1799.

 JPMorgan Chase & Co. is one of the oldest, largest and best-known financial institutions in the world. The firm's legacy dates back to 1799 when its earliest predecessor was chartered in New York City.

Our firm is built on the foundation of more than 1200 predecessor institutions. Its major heritage firms — J.P. Morgan, Chase Manhattan, Chemical, Manufacturers Hanover (in New York City) and Bank One, First Chicago, and National Bank of Detroit (in the Midwest) were each closely tied, in their time, to innovations in finance and the growth of the United States and global economies. As JPMorgan Chase & Co does today, these firms also made significant contributions to their local communities.           http://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

 1799- Yellow Fever breaks out in Manhattan. The Bank of New York and many other downtown businesses move to the then independent Greenwich Village. https://www.bnymellon.com/us/en/timeline.jsp

The Manhattan Company, J.P. Morgan's  earliest predecessor institution, is chartered. https://www.jpmorgan.com/pages/company-history

1799: The Manhattan Company, the firm’s earliest predecessor institution, is chartered. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

Chase Manhattan Bank, N.A., The
1799 Established President and Directors of the Manhattan Company

The Manhattan Company was a New York bank and holding company established in 1799. The company merged with Chase National Bank in 1955 to form the Chase Manhattan Bank. It is the earliest of the predecessor institutions that eventually formed the current JPMorgan Chase & Co.

1822  The Farmers' Loan and Trust Company is chartered   Nos. 16, 18, 20, and 22 William Street. New York

Edwin S. Marston- President

Thomas J. Barnett - Vice-President

Samuel Sloan Jr. Secretary

Augustus V. Heely -Assist. Secretary

William B. Cardozo - Assis't Sec'y

Cornelius R. Agnew -Asis't Sec'y

BOARD OF DIRECTORS

Samuel Sloan

William Waldorf Astor

S.S. Palmer

D.O. Mills

Robert F. Ballantine

Franklin D. Locke

George F. Baker

Charles A. Peabody

Hugh D. Auchincloss

D.H. King Jr.

Henry Hentz

Robert C. Boyd

Archibald D. Russell

James Stillman

Moses Taylor Pyne

Henry A.C. Taylor

E.R. Holden

William Rowland

Edward R. Bacon

H.Van R. Kennedy

Cleveland H. Dodge

John L. Riker

A.G. Agnew

Henry H. Rogers

P.A. Valentine

Edwin S. Marston

1824 The Chemical Bank is established. https://www.jpmorgan.com/country/US/en/company-history

NOTE: The Chemical New York Corporation began as the New York Chemical Manufacturing Company. The company was established in 1823 by Baldhead [the correct spelling of the first name is Balthazar  ....jt] P. Melick, Mark Spenser, and Geradus Post. These founders originally wanted to form a bank; however, due to laws governing banks at that time, it was easier to start a company for other purposes and then add banking activities to the company's chartered activities. The founders followed precisely that formula and in 1824 established Chemical Bank as a division of New York Chemical Manufacturing Company.

The bank thrived through the following decades. In 1884, when New York Chemical Manufacturing Company's charter expired, the chemical company was liquidated and the company was reincorporated as a bank only. In 1853 the bank became a founding member of the New York Clearing House, an association of banks formed to help members clear banking transactions. 
http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

1837 George Peabody decided to settle in London, where he established the banking house of George Peabody and Company, specializing in foreign exchange and American securities. http://peabody.yale.edu/collections/archives/biography/george-peabody

1848 The Waterbury Bank opens, a predecessor of the Chase Manhattan Bank.. https://www.jpmorgan.com/country/US/en/company-history

Williamsburgh City Bank
1852 Established Williamsburgh City Bank
1865 Convert Federal First National Bank of Brooklyn
11/01/1928 Convert State First Bank of Brooklyn, The
12/01/1928 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association 
http://www.dfs.ny.gov/about/histw.txt 

1854: Junius Spencer Morgan, J. Pierpont Morgan’s father, partners with George Peabody in the English banking house of George Peabody & Co. He succeeds Peabody as head of the firm and changes its name to J.S. Morgan & Co.     https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

Peabody took Junius Spencer Morgan (father of J. P. Morgan) into partnership in 1854 to form Peabody, Morgan & Co., and the two financiers worked together until Peabody's retirement in 1864; Morgan had effective control of the business from 1859 on.[14] During the run on the banks of 1857, Peabody had to ask the Bank of England for a loan of £800,000: although rivals tried to force the bank out of business, it managed to emerge with its credit intact.
Following this crisis, Peabody began to retire from active business, and in 1864, retired fully (taking with him much of his capital, amounting to over $10,000,000, or £2,000,000).
Peabody, Morgan & Co. then took the name J.S. Morgan & Co.. The former UK merchant bank Morgan Grenfell (now part of Deutsche Bank), international universal bank JPMorgan Chase and investment bank Morgan Stanley can all trace their roots to Peabody's bank.[15]

During the recession of 1857 many new banks experienced a great deal of financial difficulty. Despite the condition of the economy, Chemical Bank redeemed bank notes in specie after other banks had started issuing paper loan certificates. Chemical Bank weathered the crisis and remained stable through the Civil War.   http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

 On December 8, 1860, Secretary Howell Cobb wrote to President Buchanan, “I should no longer continue to be a member of your Cabinet. In the troubles of the country consequent upon the late Presidential election, the honor and safety of my State are involved…The evil has now passed beyond control, and must be met by each and all of us under our responsibility to God and our country”.

1965  Kidder, Peabody & Co. was an American securities firm, established in Massachusetts in 1865. Its operations included investment banking, brokerage, and trading. The Firm was sold to the General Electric Company in 1986. Wikipedia
Headquarters: Boston, MA
Founder: Henry P. Kidder
Founded: 1865
Ceased operations: 1994

 

1869 George Peabody died in London on November 4, 1869.
http://peabody.yale.edu/collections/archives/biography/george-peabody   

1871 J. Pierpont Morgan and Philadelphia banker Anthony Drexel form a private merchant banking partnership in New York called Drexel, Morgan & Co. This is the earliest partnership that evolves into J.P. Morgan. https://www.jpmorgan.com/country/US/en/company-history

1871 American Deposit and Loan Company
1871 Established Traders Deposit Company
05/01/1895 Name Change To American Deposit and Loan Company
05/01/1902 Name Change To Equitable Trust Company of New York (1871-5/1930)
03/01/1909 Acquire By Merger Bowling Green Trust Company
06/01/1911 Acquire By Merger Madison Trust Company
02/01/1912 Acquire By Merger Trust Company of America (5/1905-2/1912)
06/01/1923 Acquire By Merger Importers and Traders Bank of New York, The
09/01/1929 Acquire By Merger Seaboard Bank of the City of New York
05/01/1930 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.dfs.ny.gov/about/histba.txt
 

1871

American Exchange Irving Trust Co.
1871 Established Mutual Benefit Life Policy Loan & Trust Co NY
02/01/1884 Name Change To Commercial Trust Company (1884-1900)
06/01/1900 Name Change To New York and London Trust Company
10/28/1905 Name Change To Columbia Trust Company
06/05/1912 Acquire By Merger Knickerbocker Trust Company
06/05/1912 Name Change To Columbia-Knickerbocker Trust Co.
08/01/1914 Name Change To Columbia Trust Company
02/07/1923 Acquire By Merger Irving Bank of New York
02/07/1923 Name Change To Irving Bank-Columbia Trust Co.
09/17/1926 Acquire By Merger National Butchers & Drovers Bank of New York City
09/17/1926 Name Change To Irving Bank and Trust Company
12/11/1926 Acquire By Merger American Exchange-Pacific Bank
12/11/1926 Name Change To American Exchange Irving Trust Company
02/01/1929 Name Change To Irving Trust Company
11/13/1953 Acquire By Merger Irving Safe Deposit Company
01/15/1981 Acquire By Merger Irving Bank Canada, Ltd.
10/06/1989 Acquire By Merger Bank of New York, The (9/1922-10/1989)
10/06/1989 Name Change To Bank of New York, The
07/19/1991 Acquire By Merger Bank of New York, F.S.B., The
06/12/1992 Purchase Branches Riverhead Savings Bank
12/11/1992 Purchase Branches Barclays Bank of New York, NA
12/01/1996 Acquire By Merger Putnam Trust Company, The
12/01/1996 Purchase Branches Bank of New York (NJ), The
06/23/2004 Acquire By Merger J.P. Morgan Trust Company of New York
07/01/2008 Acquire By Merger Dreyfus Trust Company, The
07/01/2008 Acquire By Merger Mellon Securities Trust Company
07/01/2008 Name Change To Bank of New York Mellon, The  http://www.dfs.ny.gov/about/histba.txt
 

1873: The Scottish American Investment Trust, a Robert Fleming & Co. predecessor firm, is formed.https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

Salmon Chase died at the the age of 65 in 1873 and the Chase Manhattan Bank (now a part of JPMorgan Chase) was named in his honor. http://www.philstockworld.com/tag/10000-bill/  

Chase National Bank was formed in 1877 by John Thompson. The Chase National Bank acquired a number of smaller banks in the 1920s, through its Chase Securities Corporation. In 1926, for instance, it acquired Mechanics and Metals National Bank. In 1955, Chase National Bank and The Manhattan Company merged to create Chase Manhattan Bank. http://finance.mapsofworld.com/banks/chase-bank.html

1779 Morgan was the driving force behind Western expansion in the US, financing and controlling West-bound railroads through voting trusts. In 1879 Cornelius Vanderbilt’s Morgan-financed New York Central Railroad gave preferential shipping rates to John D. Rockefeller’s budding Standard Oil monopoly, cementing the Rockefeller/Morgan relationship.

The House of Morgan now fell under Rothschild and Rockefeller family control. A New York Herald headline read, “Railroad Kings Form Gigantic Trust”. J. Pierpont Morgan, who once stated, “Competition is a sin”, now opined gleefully, “Think of it. All competing railroad traffic west of St. Louis placed in the control of about thirty men.”[8]    http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

 

President Theodore Roosevelt referred to him as the “King Pin” of the Republican Party. Aldrich “did not bother with oratorical display,” wrote one historian, “but relied upon his charm, his commanding appearance, his superior mind, his ability to speak forthrightly, and his exceptional memory” to influence Senate action. Patriarch to a political family, Aldrich’s grandson, Nelson Rockefeller, became vice president and his great-grandson, Jay Rockefeller, became a U.S. senator. 
http://www.senate.gov/artandhistory/history/common/generic/Featured_Bio_Aldrich.htm

1881: President James A. Garfield (The 20th President of the United States who lasted only 100 Days) states two weeks before he is assassinated, 

“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

1887: Jarvis Conklin Mortgage & Trust Company, a predecessor firm, opens in London  https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1888- In 1888 the Republican party declared itself in opposition to "combinations of capital,  organized as trusts or otherwise, " and the Democratic party platform said, " the interests of the people are betrayed when trusts and combinations are permitted to exist." [The Development of America,+Wirth, page 434]

Washington Trust Company of the City of New York
1889 Established Washington Trust Company of the City of New York

Washington Mutual was incorporated as the Washington National Building Loan and Investment Association on September 25, 1889, after the Great Seattle Fire destroyed 120 acres (49 ha) of the central business district of Seattle. The newly formed company made its first home mortgage loan on the West Coast on February 10, 1890. It changed its name to Washington Savings and Loan Association on June 25, 1908. By September 12, 1917 it was operating under the name Washington Mutual Savings Bank. The company purchased its first company, the financially distressed Continental Mutual Savings Bank, on July 25, 1930.

WaMu, Inc.'s banking subsidiaries were closed by the OTS, placed into the receivership of the FDIC, and, in September 2008, their assets were sold to JPMorgan Chase, which now operates the former banking assets as a part of Chase Bank.
The holding company Washington Mutual, Inc. (the former bank owner) subsequently filed for Chapter 11 bankruptcy.

Please note that any deposits that have not been claimed within 18 months of the failure of Washington Mutual Bank FSB was sent to the FDIC by JP Morgan Chase Bank as acquirer of Washington Mutual Bank, FSB on April 15th, 2010. The unclaimed funds will be sent to the appropriate states according to Federal Law (12 U.S.C., 1822(e)). https://www.fdic.gov/bank/individual/failed/wamu.html

In 1889, Branch, his father-in-law Gen. Barnes, Hadley, J.F. Bruton, R.L. Thompson and Walter Brodie secured a charter from the North Carolina Legislature to operate the Wilson Banking and Trust Company (later amended to the State Bank of Wilson and later to The Branch Banking Company). However, the charter was not implemented until 1900. http://bbt.mediaroom.com/index.php?s=22728

Bank of Northern Brookhaven, The
1889 Established Bank of Port Jefferson, The
04/30/1948 Acquire By Merger First National Bank of Port Jefferson
04/30/1948 Name Change To Bank of Northern Brookhaven, The
11/01/1955 Merge To Federal First Suffolk National Bank of Huntington
11/01/1955 Name Change To Security National Bank of Huntington
05/01/1958 Name Change To Security National Bank of Long Island
11/01/1968 Name Change To Security National Bank
01/19/1975 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/histba.txt

Continental Trust Company of the City of New Yor
1890 Established Continental Trust Company of the City of New York
1903 Merge To State New York Security and Trust Company, The
03/01/1904 Name Change To New York Trust Company, The
09/01/1959 Merge To State Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/histc.txt

1890: J. Pierpont Morgan becomes senior partner of J.S. Morgan & Co. in London. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1890

The Morgan financial octopus wrapped its tentacles quickly around the globe. Morgan Grenfell operated in London. Morgan et Ce ruled Paris. The Rothschild’s Lambert cousins set up Drexel & Company in Philadelphia.

The House of Morgan catered to the Astors, DuPonts, Guggenheims, Vanderbilts and Rockefellers. It financed the launch of AT&T, General Motors, General Electric and DuPont. Like the London-based Rothschild and Barings banks, Morgan became part of the power structure in many countries.

By 1890 the House of Morgan was lending to Egypt’s central bank, financing Russian railroads, floating Brazilian provincial government bonds and funding Argentine public works projects. A recession in 1893 enhanced Morgan’s power. That year Morgan saved the US government from a bank panic, forming a syndicate to prop up government reserves with a shipment of $62 million worth of Rothschild gold. [7] http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

Western National Bank of the U.S. in New York
1891 Established Hide & Leather National Bank of New York
07/01/1902 Name Change To National Bank of the U.S. in New York
02/01/1903 Acquire By Merger Western National Bank of the City of New York
02/01/1903 Name Change To Western National Bank of the U.S. in New York
03/01/1903 Merge To Federal National Bank of Commerce in New York
04/01/1929 Succeeded By Bank of Commerce in New York (4/1929-5/1929)
05/04/1929 Merge To State Guaranty Trust Company of New York
04/24/1959 Name Change To Morgan Guaranty Trust Company of New York
11/10/2001 Merge To State JPMorgan Chase Bank
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.dfs.ny.gov/about/histw.txt

1891 -The state of Ohio brought suit against the Standard Oil Company, and the court decided, in 1882, that the act of incorporation was illegal in that state. A similar suit was brought against the Standard Oil Company in the state of New York. Because of state and Federal laws against the trusts, the Standard Oil Trust was dissolved in 1892.

Many trusts and large corporations----often called "big business"---found it necessary to reorganize and to conform to law. Combinations, however, did not cease to exist; they merely changed their form. They obeyed the letter but not the spirit of the law. In place of trusts, big businesses now became organized as holding companies. [page 434]

1892: Guaranty Trust (a predecessor firm) opens a representative office, mostly for correspondent banking. It becomes a full service branch in 1897. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

 1893 J.P. Morgan is primary financier of U.S. railroads.       https://www.jpmorgan.com/country/US/en/company-history

 

1893    Alliance Bank
1893 Established Alliance Bank
12/01/1920 Name Change To Lincoln-Alliance Bank
08/01/1929 Bank To Trust Co. Lincoln-Alliance Bank & Trust Company
06/01/1944 Acquire By Merger Geneva Trust Company
07/01/1945 Acquire By Merger Rochester Trust & Safe Deposit Company
07/01/1945 Name Change To Lincoln Rochester Trust Company
01/01/1948 Acquire By Merger Corning Trust Company
02/01/1948 Acquire By Merger Ontario County Trust Company
09/01/1951 Acquire By Merger Bank of Hammondsport, The
03/01/1958 Acquire By Merger Citizens Bank of Penn Yan, The
01/01/1972 Name Change To Lincoln First Bank of Rochester
12/31/1978 Convert Federal Lincoln First Bank, N.A.
01/01/1979 Merge To Federal Lincoln First Bank-Central, N.A.
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
http://www.dfs.ny.gov/about/hista.txt

1895 J. Pierpont Morgan, Sr. becomes senior partner. The New York firm is renamed J.P. Morgan & Co.  https://www.jpmorgan.com/country/US/en/company-history

Note: Author Gabriel Kolko stated, “Morgan’s activities in 1895-1896 in selling US gold bonds in Europe were based on an alliance with the House of Rothschild.” [6] http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1897 Morgan Guaranty Trust Company of New York
FDIC Certificate #: 637
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: JPMorgan Chase Bank, National Association (#628)
Federal Reserve ID: 161415
Date Established: January 01, 1897
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 3 (Interstate: No)
FDIC's unique #: 418
Numeric code: 13
Regulator: FED
http://www.bankencyclopedia.com/Morgan-Guaranty-Trust-Company-of-New-York-637-New-York-City-New-York.html#ixzz3R0B4NAg7

1899

American Bond and Mortgage Gurarantee Company
01/01/1899 Established American Bond and Mortgage Guarantee Company
08/01/1899 Name Change To International Banking and Trust Company
04/01/1900 Merge To State North American Trust Company
05/01/1905 Name Change To Trust Company of America (5/1905-2/1912)
02/01/1912 Merge To State Equitable Trust Company of New York (1871-5/1930)
05/01/1930 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association ttp://www.dfs.ny.gov/about/hista.txt

 

1900
Bank of Caledonia
1900 Established First National Bank of Caledonia
08/01/1966 Convert State Bank of Caledonia
12/29/1972 Merge To Federal Chase Manhattan Bank of Greater Rochester, N. A.
12/01/1976 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.dfs.ny.gov/about/histba.txt

1901
---In September 1991,less than a year McKinley’s presidency was cut short by an assassin's bullet delivered in Buffalo, New York....He lingered for eight days finally succumbing to gangrene and infection on September 14 with the words "it is God's way, his will, not ours, be done." http://www.eyewitnesstohistory.com/mckinley.htm  
---With the assassination of President McKinley, Theodore Roosevelt, not quite 43, became the youngest President in the Nation's history. He brought new excitement and power to the Presidency, as he vigorously led Congress and the American public toward progressive reforms and a strong foreign policy.

He took the view that the President as a "steward of the people" should take whatever action necessary for the public good unless expressly forbidden by law or the Constitution." I did not usurp power," he wrote, "but I did greatly broaden the use of executive power."
https://www.whitehouse.gov/1600/presidents/theodoreroosevelt

1901 J.P. Morgan creates the world’s first billion-dollar corporation by buying out industrialist Andrew Carnegie and combining some 33 companies to create United States Steel.
https://www.jpmorgan.com/country/US/en/company-history 
New Netherland Bank of New York History
1902 New Netherland Bank of New York Established Thirty-Fourth Street National Bank of New York
07/01/1907 Succeeded By New Netherland Bank of New York
01/01/1928 Merge To Federal Seaboard Natl Bank of the City of NY
(3/22-6/29) 06/01/1929 Converted To Seaboard Bank of the City of New York
09/01/1929 Merge To State Equitable Trust Company of New York
(1871-5/1930) 05/01/1930 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965) 09/01/1965 Convert Federal Chase Manhattan Bank, N.A.,The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The

Letter Written by William F. Koelsch dated 1921. This item was typed and hand signed by Koelsch and is over 79 years old.
   http://www.goantiques.com/letter-by-william-340487

1903  Morgan and Edward Harriman’s banker Kuhn Loeb held a monopoly over the railroads, while banking dynasties Lehman, Goldman Sachs and Lazard joined the Rockefellers in controlling the US industrial base. [9]

In 1903 Banker’s Trust was set up by the Eight Families. Benjamin Strong of Banker’s Trust was the first Governor of the New York Federal Reserve Bank. The 1913 creation of the Fed fused the power of the Eight Families to the military and diplomatic might of the US government. If their overseas loans went unpaid, the oligarchs could now deploy US Marines to collect the debts. Morgan, Chase and Citibank formed an international lending syndicate. http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1903 - J.P. Morgan & Co. was appointed as fiscal agent for the newly independent Republic of Panama in 1903 and was subsequently selected by the U.S. Treasury Secretary to arrange the transfer of $40 million from the U.S. government to the French Panama Canal Co. This was the largest real estate deal at the time. https://www.jpmorgan.com/pages/company-history 

1903 - J.P. Morgan & Co. was appointed as fiscal agent for the newly independent Republic of Panama in 1903 and was subsequently selected by the U.S. Treasury Secretary to arrange the transfer of $40 million from the U.S. government to the French Panama Canal Co. This was the largest real estate deal at the time. https://www.jpmorgan.com/country/US/en/company-history

1904     The House of Morgan was cozy with the British House of Windsor and the Italian House of Savoy. The Kuhn Loebs, Warburgs, Lehmans, Lazards, Israel Moses Seifs and Goldman Sachs also had close ties to European royalty. By 1895 Morgan controlled the flow of gold in and out of the US. The first American wave of mergers was in its infancy and was being promoted by the bankers. In 1897 there were sixty-nine industrial mergers. By 1899 there were twelve-hundred. In 1904 John Moody – founder of Moody’s Investor Services – said it was impossible to talk of Rockefeller and Morgan interests as separate. [10]http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

 

1906 J.P. Morgan is central to the creation of U.S. Steel, GE and AT&T.  https://www.jpmorgan.com/country/US/en/company-history

1906 - J.P. Morgan is central to the creation of U.S. Steel, GE and AT&T. https://www.jpmorgan.com/pages/company-history 

1907 - During the financial panic of 1907, J. Pierpont Morgan saves several trust companies and a leading brokerage house from insolvency, bails out New York City, and rescues the New York Stock Exchange. https://www.jpmorgan.com/pages/company-history

In 1907, the stock market and world markets crashed, spurred largely by huge insurance company loses after the San Francisco fire of 1906. Led by J.P. Morgan and John D. Rockefeller, The Clearing House stepped in by lending money to banks, to the stock exchange and to the City of New York until the panic subsided. Not long after this great panic, The Federal Reserve was formed and The Clearing House’s role evolved to become a proactive resource to promote common interests and help shape the U.S. banking industry. https://www.theclearinghouse.org/about-tch/a-look-back

1907 - During the financial panic of 1907, J. Pierpont Morgan saves several trust companies and a leading brokerage house from insolvency, bails out New York City, and rescues the New York Stock Exchange.  https://www.jpmorgan.com/country/US/en/company-history
1908 -  The Aldrich–Vreeland Act was passed in response to the Panic of 1907 and established the National Monetary Commission, which recommended the Federal Reserve Act of 1913.

On May 27, 1908, the bill passed the House on a mostly party-line vote of 166–140, with 13 Republicans voting against it and no Democrats voting for it. On May 30, it passed in the Senate with 43 Republicans in favor and five Republicans joining 17 Democrats opposed. President Roosevelt signed the bill that same night.

The act also allowed national banks to start national currency associations in groups of ten or more , with at least $5 million in total capital, to issue emergency currency. These bank notes were not to be backed by just government bonds, but also just about any securities the banks were holding.

The act proposed that this emergency currency had to go through a process of approval by the officers of these national currency associations, and then once approved were distributed by the Comptroller of the Currency. However, it is possible that because there was a 5 percent tax placed on this emergency currency for the first month it was "outstanding" and a 1 percent increase for the following months it was "outstanding," no bank notes were issued. Another possible explanation why the emergency currency never issued might have been because it wasn't necessary to do so.

Congress modified and extended the law in 1914 when British and other foreign creditors demanded immediate payments, in gold , of amounts which would ordinarily have been carried over and paid through exports of commodities.

Senator Nelson W. Aldrich (R-RI) was largely responsible for the Aldrich-Vreeland Currency Law, and he became the Chairman of the National Monetary commission. The co-sponsor of the legislation was Rep. Edward Vreeland, a Republican from New York. A usage of the law occurred at the outbreak of the World War I in 1914 when the first great financial panic of the twentieth century befell the world, necessitating the closure of the New York Stock Exchange. Secretary of the Treasury William Gibbs McAdoo appeared in New York City
and assured the public that ample stocks of emergency bank notes had been prepared in accordance with the Aldrich–Vreeland Act and were available for issue to the banks. As of October 23, 1914, $368,616,990 was outstanding.

The Federal Reserve Act of December 23, 1913 took effect in November, 1914 when the 12 regional banks opened for business. Ultimately the emergency currency issued under the Aldrich-Vreeland Law was entirely withdrawn.
http://www.absoluteastronomy.com/topics/Aldrich-Vreeland_Act

1909- The origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913; however, its history actually goes back even further. During the Civil War Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses. The tax was repealed ten years later. However, in 1894 Congress enacted a flat rate Federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state. The 16th amendment, ratified in 1913, removed this objection by allowing the Federal government to tax the income of individuals without regard to the population of each State. For additional information on taxation in the United States, see the section on taxes on the web site of the U.S. Department of the Treasury.

On the evening of November 22, 1910, seven of the riches men , together representing about one fourth the world's wealth at the time, left Hoboken, New Jersey on a train in complete secrecy, dropping their last names in favor of first names, or code names, so no one would discover who they all were. The excuse for such powerful representatives and wealth was to go on a duck hunting trip on Jekyll Island.

1. Nelson W. Aldrich, Republican "whip" in the Senate, Chairman
of the National Monetary Commission, business associate of J.P.
Morgan, father-in-law to John D. Rockefeller, Jr.;
2. Abraham Piatt Andrew, Assistant Secretary of the United States
Treasury;
3. Frank A. Vanderlip, president of the National City Bank of New
York, the most powerful of the banks at that time, representing
William Rockefeller and the international investment banking
house of Kuhn, Loeb & Company;
4. Henry P. Davison, senior partner of the J.P. Morgan Company;
5. Charles D. Norton, president of J.P. Morgan's First National Bank
of New York;
6. Benjamin Strong, head of J.P. Morgan's Bankers Trust Company;
and
7. Paul M. Warburg, a partner in Kuhn, Loeb & Company, a
representative of the Rothschild banking dynasty in England
and France, and brother to Max Warburg who was head of the
Warburg banking consortium in Germany and the Netherlands.

https://archive.org/details/CreatureFromJekyllIslandByG.Edward-G.EdwardGriffin 
 

1910: J.P. Morgan becomes Morgan Grenfell & Co. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

1911- International Business Machines Corporation (IBM or the company) was incorporated in the State of New York on June 16, 1911, as the Computing-Tabulating-Recording Co. (C-T-R), a consolidation of the Computing Scale Co. of America, the Tabulating Machine Co. and The International Time Recording Co. of New York. Since that time, IBM has focused on the intersection of business insight and technological innovation, and its operations and aims have been international in nature. This was signaled over 85 years ago, in 1924, when C-T-R changed its name to International Business Machines Corporation.  http://www.ibm.com/investor/pdf/10K_2011.pdf

1912  Public distrust of the combine spread. Many considered them traitors working for European old money. Rockefeller’s Standard Oil, Andrew Carnegie’s US Steel and Edward Harriman’s railroads were all financed by banker Jacob Schiff at Kuhn Loeb, who worked closely with the European Rothschilds.

Several Western states banned the bankers. Populist preacher William Jennings Bryan was thrice the Democratic nominee for President from 1896 -1908. The central theme of his anti-imperialist campaign was that America was falling into a trap of “financial servitude to British capital”. Teddy Roosevelt defeated Bryan in 1908, but was forced by this spreading populist wildfire to enact the Sherman Anti-Trust Act. He then went after the Standard Oil Trust.

In 1912 the Pujo hearings were held, addressing concentration of power on Wall Street. That same year Mrs. Edward Harriman sold her substantial shares in New York’s Guaranty Trust Bank to J.P. Morgan, creating Morgan Guaranty Trust. http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1913  The Federal Reserve Bank was born in 1913, the same year US banking scion J. Pierpont Morgan died and the Rockefeller Foundation was formed. The House of Morgan presided over American finance from the corner of Wall Street and Broad, acting as quasi-US central bank since 1838, when George Peabody founded it in London. http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1913   John Pierpont "Jack" Morgan Jr., also referred to as J.P. Morgan Jr. (September 7, 1867 – March 13, 1943), was an American banker, finance executive, and philanthropist.[1] Morgan Jr. inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died, in March 1913.

 1914 Judge Louis Brandeis convinced President Woodrow Wilson to call for an end to interlocking board directorates. In 1914 the Clayton Anti-Trust Act was passed. http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

 01/01/1914 Merge To State Corn Exchange Bank http://www.dfs.ny.gov/about/histw.txt 

1915 J.P. Morgan arranges the biggest foreign loan in history – a $500 million Anglo/French loan.
https://www.jpmorgan.com/country/US/en/company-history

1915 - J.P. Morgan arranges the biggest foreign loan in history – a $500 million Anglo/French loan. https://www.jpmorgan.com/pages/company-history

1917 Established Mercantile Trust and Deposit Company
05/01/1919 Name Change To Mercantile Trust Company
02/01/1922 Convert Federal Mercantile National Bank in New York
03/01/1922 Acquire By Merger Seaboard Natl Bnk of the City of NY (1885-3/1922)
03/01/1922 Name Change To Seaboard Natl Bank of the City of NY (3/22-6/29)
01/01/1928 Acquire By Merger New Netherland Bank of New York
06/01/1929 Converted To Seaboard Bank of the City of New York
09/01/1929 Merge To State Equitable Trust Company of New York (1871-5/1930)
05/01/1930 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association      http://www.dfs.ny.gov/about/histm.txt

1919    Jack Morgan – J. Pierpont’s son and successor – responded by calling on Morgan clients Remington and Winchester to increase arms production. He argued that the US needed to enter WWI. Goaded by the Carnegie Foundation and other oligarchy fronts, Wilson accommodated. As Charles Tansill wrote in America Goes to War, “Even before the clash of arms, the French firm of Rothschild Freres cabled to Morgan & Company in New York suggesting the flotation of a loan of $100 million, a substantial part of which was to be left in the US to pay for French purchases of American goods.”

The House of Morgan financed half the US war effort, while receiving commissions for lining up contractors like GE, Du Pont, US Steel, Kennecott and ASARCO. All were Morgan clients. Morgan also financed the British Boer War in South Africa and the Franco-Prussian War. The 1919 Paris Peace Conference was presided over by Morgan, which led both German and Allied reconstruction efforts. [11]   http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1919- At the intersection of Field and Grand Streets in Waterbury is the former Waterbury National Bank Building, now the headquarters for Junior Achievement of Southwestern New England. Built in 1919-1922. The Chase family had a long association with the Waterbury National Bank, which was founded in 1848 and was Waterbury’s first bank. The Bank’s original building was located at Grand and Bank Streets, giving the latter thoroughfare its name. Henry S. Chase intended the new bank building to be part of his plan for an impressive Waterbury municipal center. Henry died in 1918 and his brother Irving Chase assumed management of construction, utilizing Cass Gilbert, the same architect who had designed the Chase Brass and Copper Company’s headquarters, also located on Grand Street. http://historicbuildingsct.com/?p=6906   

At the turn of the century the bank's leadership changed hands. The bank began to falter under the direction of Joseph B. Martindale. By 1917 it was no longer among the top 100 banks in the country. The bank rebounded after Martindale's death, and by 1919 its stock had increased to almost $200 a share. In 1923 Chemical Bank established its first branch bank. http://www.library.hbs.edu/hc/lehman/chrono.html?company=chemical_new_york_corp

1925: Central Union Trust Co. (a predecessor firm) opens a representative office. The office becomes a full service branch in 1938. https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history 

1927 - Guaranty Trust Company, a predecessor firm of J.P. Morgan, pioneers the concept of American Depositary Receipts (ADRs), which enables Americans to invest in foreign securities directly on U.S. exchanges.https://www.jpmorgan.com/country/US/en/company-history

Guaranty Trust Company, a predecessor firm of J.P. Morgan, pioneers the concept of American Depositary Receipts (ADRs), which enables Americans to invest in foreign securities directly on U.S. exchanges.  https://www.jpmorgan.com/pages/company-history

From 1928 to 1946, the $10,000 bill was printed and circulated with Salmon Chase's face on it. http://www.philstockworld.com/tag/10000-bill/ 

1929 Two Ohio institutions merge to form City National Bank & Trust, a predecessor of Bank One.
https://www.jpmorgan.com/country/US/en/company-history

05/01/1929 Converted To Corn Exchange Bank Trust Company
http://www.dfs.ny.gov/about/histw.txt 

10/15/1954 Merge To State Chemical Bank and Trust Company http://www.dfs.ny.gov/about/histw.txt 

10/15/1954 Name Change To Chemical Corn Exchange Bank http://www.dfs.ny.gov/about/histw.txt 

1930       

In the 1930’s populism resurfaced in America after Goldman Sachs, Lehman Bank and others profited from the Crash of 1929. [12] House Banking Committee Chairman Louis McFadden (D-NY) said of the Great Depression, “It was no accident. It was a carefully contrived occurrence…The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all”. http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1930 Chase National Bank Equitable Trust Co. of NY Chase National Bank Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1930 Chase National Bank Interstate Trust Co. Chase National Bank Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

American Express Bank and Trust Company
04/08/1930 NYS Chartered American Express Bank and Trust Company
12/01/1931 Merge To State Equitable Trust Company of New York (1930-6/1937)
12/01/1931 Bnk Business To Chase National Bank of the City of New York
06/01/1937 Merge To State Manufacturers Trust Company
09/08/1961 Name Change To Manufacturers Hanover Trust Company
06/19/1992 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.dfs.ny.gov/about/hista.txt
 

1936   Sen. Gerald Nye (D-ND) chaired a munitions investigation in 1936. Nye concluded that the House of Morgan had plunged the US into WWI to protect loans and create a booming arms industry. Nye later produced a document titled The Next War, which cynically referred to “the old goddess of democracy trick”, through which Japan could be used to lure the US into WWII.http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1937  In 1937 Interior Secretary Harold Ickes warned of the influence of “America’s 60 Families”. Historian Ferdinand Lundberg later penned a book of the exact same title. Supreme Court Justice William O. Douglas decried, “Morgan influence…the most pernicious one in industry and finance today.”

Jack Morgan responded by nudging the US towards WWII. Morgan had close relations with the Iwasaki and Dan families – Japan’s two wealthiest clans – who have owned Mitsubishi and Mitsui, respectively, since the companies emerged from 17th Century shogunates. When Japan invaded Manchuria, slaughtering Chinese peasants at Nanking, Morgan downplayed the incident. Morgan also had close relations with Italian fascist Benito Mussolini, while German Nazi Dr. Hjalmer Schacht was a Morgan Bank liaison during WWII. After the war Morgan representatives met with Schacht at the Bank of International Settlements (BIS) in Basel, Switzerland. [13] http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1948 Chemical Bank & Trust Co. Continental Bank and Trust Company Chemical Bank & Trust Co. Ultimate successor JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 
1951 Chemical Bank & Trust Co. National Safety Bank & Trust Co. of NY Chemical Bank & Trust Co.  Ultimate successor JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1952    Peabody was a business associate of the Rothschilds. In 1952 Fed researcher Eustace Mullins put forth the supposition that the Morgans were nothing more than Rothschild agents. Mullins wrote that the Rothschilds, “…preferred to operate anonymously in the US behind the facade of J.P. Morgan & Company”. [5] http://www.bibliotecapleyades.net/sociopolitica/world_order/WorldCh01-1.htm

1955 Bank of the Manhattan Co. Chase National Bank Chase Manhattan Bank Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1955 Chase National Bank merges with The Bank of the Manhattan Company to form Chase Manhattan Bank. https://www.jpmorgan.com/country/US/en/company-history

1957  NEW TOWN, Conn., Nov. 21 --Edwin Sibley Webster Jr., 57 years old, a partner in the New York investment banking firm of Kidder, Peabody Co., was found dead here today in a brook near his summer home.
http://query.nytimes.com/gst/abstract.html?res=9E04E6D91331E63ABC4A51DFB767838C649EDE

NOTE: 

1854: Junius Spencer Morgan, J. Pierpont Morgan’s father, partners with George Peabody in the English banking house of George Peabody & Co. He succeeds Peabody as head of the firm and changes its name to J.S. Morgan & Co.     https://www.jpmorgan.com/pages/jpmorgan/emea/uk/about/history

Peabody took Junius Spencer Morgan (father of J. P. Morgan) into partnership in 1854 to form Peabody, Morgan & Co., and the two financiers worked together until Peabody's retirement in 1864; Morgan had effective control of the business from 1859 on.[14]

 During the run on the banks of 1857, Peabody had to ask the Bank of England for a loan of £800,000: although rivals tried to force the bank out of business, it managed to emerge with its credit intact.

Following this crisis, Peabody began to retire from active business, and in 1864, retired fully (taking with him much of his capital, amounting to over $10,000,000, or £2,000,000). Peabody, Morgan & Co. then took the name J.P. Morgan & Co..

The former UK merchant bank Morgan Grenfell (now part of Deutsche Bank), international universal bank JPMorgan Chase and investment bank Morgan Stanley can all trace their roots to Peabody's bank.[15]

1957  November 22, 1957,, Section , Page 36, Column , words [ DISPLAYING ABSTRACT ]

NEW TOWN, Conn., Nov. 21 --Edwin Sibley Webster Jr., 57 years old, a partner in the New York investment banking firm of Kidder, Peabody Co., was found dead here today in a brook near his summer home.
http://query.nytimes.com/gst/abstract.html?res=9E04E6D91331E63ABC4A51DFB767838C649EDE

1957 Chase Manhattan Bank Staten Island National Bank & Trust Co. of NY Chase Manhattan Bank Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

Note: Advanced weapon technology relies on sophisticated computers. Between 1959 and 1970, General Electric, through its European subsidiaries, sold to the Soviet Union a number of medium capacity computers. Soviet computer technology has always been years behind that of the West. GE has been helping the Soviet progress. IBM and RCA through subsidiaries have also sold computers to the Soviets. Computers would be the main purchase in any Kissinger-promoted trade expansion with our enemy.

 

1959 Chase Manhattan Bank Clinton Trust Company Chase Manhattan Bank  Ultimate successor JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1959 Chemical Corn Exchange Bank New York Trust Co. Chemical Bank New York Trust Co.  Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

09/01/1959 Name Change To Chemical Bank New York Trust Company http://www.dfs.ny.gov/about/histw.txt 

1961 Manufacturers Trust Co. Hanover Bank Manufacturers Hanover Bank JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1963 Chemical Bank New York Trust Co. Bank of Rockville Centre Trust Co. Chemical Bank New York Trust Co. Ultimate successor  JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1964 Chemical Bank New York Trust Co. First National Bank of Mount Vernon Chemical Bank New York Trust Co. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

 1964 Chemical Bank New York Trust Co. Bensonhurst National Bank of Brooklyn Chemical Bank New York Trust Co. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1968 The firm launches Euroclear, a system for the orderly settlement of transactions in Eurobonds.
https://www.jpmorgan.com/country/US/en/company-history

02/17/1969 Name Change To Chemical Bank http://www.dfs.ny.gov/about/histw.txt 

1973 - Chase opens a representative office in Moscow, the first Russian presence for a U.S. bank since the 1920s; Chase also becomes the first U.S. correspondent to the Bank of China since the 1949 Chinese revolution. https://www.jpmorgan.com/country/US/en/company-history

1975 Chemical Bank New York Trust Co. Security National Bank Chemical Bank New York Trust Co. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

  James "Jimmy"  Bainbridge Lee Jr. joined Chemical Bank .In 1980  he founded and ran Chemical Merchant Bank in Australia. In 1982, he returned to the US and started the Banks Syndicated  Leverage Finance Group, which constituted  the origins of the investment banking business at Chemical and later  Chase Manhattan Bank. Lee ran the investment bank until the merger with J.P. Morgan  & Co. in 2001.----------------------------------
 

 1980 Predecessor firm Hambrecht & Quist (H&Q) takes Apple Computer public.       https://www.jpmorgan.com/country/US/en/company-history  

 1984 Chase Manhattan Corporation Lincoln First Bank Chase Manhattan Corporation (Chase Lincoln First until 1993) JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1984 . . . . . . . . . 6 acquired  Lincoln First Bank, NA 4,118 acquirer Chase Manhattan Corporation 51,126 https://www.federalreserve.gov/pubs/staffstudies/1990-99/ss169.pdf

1986  General Electric buys Kidder Peabody.  http://www.personal.psu.edu/sjh11/Courses/BA521/Jett/JettBBC.shtml

1989 - J.P. Morgan ranks among Fortune’s 50 Best Companies for Minorities. The firm is regularly recognized as a leading employer of women, minorities, and LGBT employees.
    https://www.jpmorgan.com/country/US/en/company-history

 1990 - J.P. Morgan plays an active role in the negotiations with Mexico to restructure nearly $50 billion in medium- and long-term commercial bank debt. A first in the market, the new bonds become known as Brady Bonds.      https://www.jpmorgan.com/country/US/en/company-history

1991 Joseph Jett was a brilliant mathematician, a scholarship student at Harvard and MIT. In 1991 the prospect of
working in an intellectually demanding environment lured him into the new profit-hungry Kidder Peabody, one of Wall
Street's oldest and richest banks, which had been bought by General Electric in 1986. Jett's Kidder Peabody job was
in government bonds, the buying and selling of government debt. It was a trading backwater where no-one had ever
achieved high returns before. But Joseph Jett was about to change all that. http://www.personal.psu.edu/sjh11/Courses/BA521/Jett/JettBBC.shtml

1991 NBD Bancorp Summcorp NBD Bank $323 million[9] JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1991 acquired Manufacturers Hanover Trust Company 38,392 acquirer Chemical Banking Corporation 69,054 https://www.federalreserve.gov/pubs/staffstudies/1990-99/ss169.pdf

In 1991, Manufacturers Hanover Corp. merged with Chemical Banking Corp., under the name of Chemical Banking Corp., then the second-largest banking institution in the United States.
https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

1992 NBD Bancorp INB Financial Corp. NBD Bancorp $876 million[11] JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1992 Chemical Bank Manufacturers Hanover Trust Company Chemical Bank JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

1993 Banc One Corp. Valley National Bank of Arizona Banc One Corp. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

Following Chemical's merger with Manufacturers Hanover in 1994 , Lee founded the bank's high yield (or junk bond) business. which was the banks first public securities operation.  At this time Lee built the bank's financial sponsor coverage business focused on private equity firms as well as the bank's mergers and acquisitions business.

By organizing high yield with loan syndications and private  equity coverage, and the newly formed M&A Group, this led to a varity of market innovations which Chase pioneered. Lee also led the team that resulted in Chase acquiring Hambrecht  & Quist which gave the bank its first  public equity business and first  dedicated  technology  investment banking practice . Lee was active in the technology industry----------------.

1994 Kidder Peabody's mortgage-related losses led to the firm's demise. Kidder's parent company, GE, shut down the legendary firm and sold off pieces of Kidder Peabody to the highest bidders. http://wallstreetlaw.typepad.com/sherman/kidder-peabody-collapse/

1995 NBD Bancorp Deerbank Corp. NBD Bank $120 million JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1995 First Chicago Bank NBD Bank First Chicago NBD JPMorgan Chase  https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

In 1995, First Chicago Corp. merged with NBD Bancorp., forming First Chicago NBD, the largest banking institution based in the Midwest. https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

In 1996, The Chase Manhattan Corp. merged with Chemical Banking Corp., under the name of The Chase Manhattan Corp., creating what was then the largest bank holding company in the United States.
https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

1996 Chemical Banking Corp. Chase Manhattan Corporation Chase Manhattan Corporation JPMorgan Chase  https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

  J. P. Morgan & Co., Incorporated (1940-1959)
03/29/1940 NYS Chartered J. P. Morgan & Co., Incorporated
04/24/1959 Merge To State Guaranty Trust Company of New York
04/24/1959 Name Change To Morgan Guaranty Trust Company of New York
11/10/2001 Merge To State JPMorgan Chase Bank
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association
J.P. Morgan Delaware
06/01/1996 Merge To State Morgan Guaranty Trust Company of New York
11/10/2001 Merge To State JPMorgan Chase Bank
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association 
http://www.scripophily.com/nybankhistoryj.htm

Leather Manufacturers' Bank
1832 Established Leather Manufacturers' Bank
1865 Convert Federal Leather Manufacturers' National Bank of New York
04/01/1904 Merge To Federal Mechanics National Bank of the City of New York
04/01/1926 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.scripophily.com/nybankhistoryl.htm

Leather Manufacturers' National Bank of New York
1832 Established Leather Manufacturers' Bank
1865 Convert Federal Leather Manufacturers' National Bank of New York
04/01/1904 Merge To Federal Mechanics National Bank of the City of New York
04/01/1926 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lefcourt National Bank and Trust Co. of New York
1928 Established Lefcourt Normandie National Bank of New York
08/01/1929 Name Change To Lefcourt National Bank and Trust Co. of New York
09/01/1930 Merge To Federal National Safety Bank & Trust Company of New York
03/01/1951 Merge To State Chemical Bank and Trust Company
10/15/1954 Name Change To Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.scripophily.com/nybankhistoryl.htm

Lefcourt Normandie National Bank of New York
1928 Established Lefcourt Normandie National Bank of New York
08/01/1929 Name Change To Lefcourt National Bank and Trust Co. of New York
09/01/1930 Merge To Federal National Safety Bank & Trust Company of New York
03/01/1951 Merge To State Chemical Bank and Trust Company
10/15/1954 Name Change To Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm


Liberty Bank of New York (1891-3/1921)
1891 Established Liberty National Bank of New York, The
1920 Acquire By Merger Scandinavian Trust Company
03 1921 Convert State Liberty Bank of New York (1891-3/1921)
03/01/1921 Merge To State New York Trust Company
09/01/1959 Merge To State Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm


Liberty National Bank of New York, The
1891 Established Liberty National Bank of New York, The
1920 Acquire By Merger Scandinavian Trust Company
03 1921 Convert State Liberty Bank of New York (1891-3/1921)
03/01/1921 Merge To State New York Trust Company
09/01/1959 Merge To State Chemical Corn Exchange Bank
09/01/1959 Name Change To Chemical Bank New York Trust Company
02/17/1969 Name Change To Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lincoln First Bank of Rochester
1893 Established Alliance Bank
12/01/1920 Name Change To Lincoln-Alliance Bank
08/01/1929 Bank To Trust Co. Lincoln-Alliance Bank & Trust Company
06/01/1944 Acquire By Merger Geneva Trust Company
07/01/1945 Acquire By Merger Rochester Trust & Safe Deposit Company
07/01/1945 Name Change To Lincoln Rochester Trust Company
01/01/1948 Acquire By Merger Corning Trust Company
02/01/1948 Acquire By Merger Ontario County Trust Company
09/01/1951 Acquire By Merger Bank of Hammondsport, The
03/01/1958 Acquire By Merger Citizens Bank of Penn Yan, The
01/01/1972 Name Change To Lincoln First Bank of Rochester
12/31/1978 Convert Federal Lincoln First Bank, N.A.
01/01/1979 Merge To Federal Lincoln First Bank-Central, N.A.
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lincoln First Bank-Central, N.A.
1929 Established Lincoln National Bank & Trust Company of Syracuse
06/01/1953 Acquire By Merger Industrial Bank of Central New York
10/01/1957 Acquire By Merger Seneca County Trust Company of Seneca Falls, N.Y.
01/01/1958 Acquire By Merger Madison County Trust Company
04/01/1959 Name Change To Lincoln National Bank & Trust Co of Central NY
01/01/1972 Name Change To Lincoln First Bank-Central, N.A.
01/01/1979 Acquire By Merger National Bank of Westchester
01/01/1979 Acquire By Merger Lincoln First Bank, N.A.
01/01/1979 Acquire By Merger First National Bank of Jamestown
01/01/1979 Acquire By Merger First-City National Bank of Binghamton
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.scripophily.com/nybankhistoryl.htm

Lincoln First Bank, N.A.
12/31/1978 Conversion Of Lincoln First Bank of Rochester
01/01/1979 Merge To Federal Lincoln First Bank-Central, N.A.
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.scripophily.com/nybankhistoryl.htm 

Lincoln National Bank
1934 Established Lincoln National Bank
01/01/1976 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lincoln National Bank & Trust Co of Central NY
1929 Established Lincoln National Bank & Trust Company of Syracuse
06/01/1953 Acquire By Merger Industrial Bank of Central New York
10/01/1957 Acquire By Merger Seneca County Trust Company of Seneca Falls, N.Y.
01/01/1958 Acquire By Merger Madison County Trust Company
04/01/1959 Name Change To Lincoln National Bank & Trust Co of Central NY
01/01/1972 Name Change To Lincoln First Bank-Central, N.A.
01/01/1979 Acquire By Merger National Bank of Westchester
01/01/1979 Acquire By Merger Lincoln First Bank, N.A.
01/01/1979 Acquire By Merger First National Bank of Jamestown
01/01/1979 Acquire By Merger First-City National Bank of Binghamton
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lincoln National Bank & Trust Co of Syracuse
1929 Established Lincoln National Bank & Trust Company of Syracuse
06/01/1953 Acquire By Merger Industrial Bank of Central New York
10/01/1957 Acquire By Merger Seneca County Trust Company of Seneca Falls, N.Y.
01/01/1958 Acquire By Merger Madison County Trust Company
04/01/1959 Name Change To Lincoln National Bank & Trust Co of Central NY
01/01/1972 Name Change To Lincoln First Bank-Central, N.A.
01/01/1979 Acquire By Merger National Bank of Westchester
01/01/1979 Acquire By Merger Lincoln First Bank, N.A.
01/01/1979 Acquire By Merger First National Bank of Jamestown
01/01/1979 Acquire By Merger First-City National Bank of Binghamton
07/01/1984 Company Sold To Chase Manhattan National Corporation
08/01/1984 Name Change To Chase Lincoln First Bank, National Association
01/01/1993 Merge To Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Lincoln National Bank of New York, The
1902 Established Lincoln Trust Company
06/01/1922 Converted To Lincoln National Bank of New York, The
07/01/1922 Merge To Federal Mechanics & Metals Natl Bank of the City of NY
04/01/1926 Merge To Federal Chase National Bank of the City of New York
03/01/1955 Merge To State President and Directors of the Manhattan Company
03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)
09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The
07/14/1996 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Long Island Bank and Trust Company
1925 Established Long Island Bank & Trust Company
07/01/1957 Merge To Federal Security National Bank of Huntington
05/01/1958 Name Change To Security National Bank of Long Island
11/01/1968 Name Change To Security National Bank
01/19/1975 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.scripophily.com/nybankhistoryl.htm

Long Island Loan & Trust Company
1883 Established Long Island Loan & Trust Company
01/01/1913 Merge To State Brooklyn Trust Company
10/13/1950 Merge To State Manufacturers Trust Company
09/08/1961 Name Change To Manufacturers Hanover Trust Company
06/19/1992 Merge To State Chemical Bank
07/14/1996 Name Change To Chase Manhattan Bank, The
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association  http://www.scripophily.com/nybankhistoryl.htm

1996 The firm jointly leads the first “century” bond for a sovereign borrower – a 100-year, $100 million issue for the People’s Republic of China.  https://www.jpmorgan.com/country/US/en/company-history

07/14/1996 Name Change To Chase Manhattan Bank, The
http://www.dfs.ny.gov/about/histw.txt 

1997 Banc One Corp. First USA Bank One Corp. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

In 1998, Banc One Corp. merged with First Chicago NBD, under the name of Bank One Corp. After a subsequent merger, Bank One became the largest financial services firm in the Midwest, the fourth-largest bank in the U. S. and the world's largest Visa credit card issuer.  https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

1998 Banc One Corp. First Chicago NBD Bank One Corp. JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1998 Banc One Corp. First Commerce Corp. Bank One Corp.Ultimate successor  JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 
1 998 Banc One Corp. First Chicago NBD Bank One Corp. Ultimate successor JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1998 Banc One Corp. First Commerce Corp. Bank One Corp. Ultimate successor JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

1998 Washington Mutual H.F. Ahmanson & Co. Washington Mutual Ultimate successor  JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

In 2000, Jim Lee was effectly demoted in favor  Geoffrey Boisi  but within two years Boisi was out and Lee was again leading investment baking at JP Morgan. By 2007, Lee was placed at the center of a New York Times illustration title "Masters of the new universe" where he was connected with some of the largest leveraged buyout transactions of the past decade.------------Lee led the JP Morgan teams that executed the $25 billion Alibaba Group IPO, THE LARGEST  IPO in history; the $23 billion General Motors IPO, THE SECOND LARGEST us ipo;and the 441 bIllion common stock sale of theUS Treasury's ownership of AIG, RESULTING  from the US Government's bailout of the company. Lee also led the negotiations with the US Treasury for the financial restructuring of chrysler.  Lee also advised Comcast on their announced  acquisition of Time Warner cable and planed dive stiyures of systems to charter (pending)...the Dell Board of Directors Special  Committee on the buy out of Dell by Michael Dell and Silver Lake......GE on its $30 billion sale of NBC to Comcast, United Airlines in its merger with Continental Airlines  ,News Corporation on its purchase of Dow Jones, led the IPO of the Carlyle Group. and co-led the IPOs of FaceBook and Twitter.-----------------

In 2000, J.P. Morgan & Co. Incorporated merged with The Chase Manhattan Corp., effectively combining four of the largest and oldest money center banking institutions in New York City (J.P. Morgan, Chase, Chemical and Manufacturers Hanover) into one firm under the name of J.P. Morgan Chase & Co.
https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

2000 Chase Manhattan Corporation J.P. Morgan & Co. Inc. J.P. Morgan Chase   Ultimate successor JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

2000 Washington Mutual Bank United Corp. Washington Mutual $1.5 Billion Ultimate successor  JPMorgan Chase
https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States
 

2000  J.P. Morgan merges with The Chase Manhattan Corporation and is named JPMorgan Chase and Co. Four years later, the company merges with Bank One, creating a global financial services leader.
 https://www.jpmorgan.com/country/US/en/company-history

2002 Washington Mutual Dime Bancorp, Inc. Washington Mutual Ultimate successor  JPMorgan Chase https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

In 2004, Bank One Corp. merged with J.P. Morgan Chase & Co. The New York Times said the merger "would realign the competitive landscape for banks" by uniting the investment and commercial banking skills of J.P. Morgan Chase with the consumer banking strengths of Bank One.
https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

2004 J.P. Morgan Chase & Co. Bank One   JPMorgan Chase & Co.  Ultimate successor  JPMorgan Chase & Co. https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

11/13/2004 Convert Federal JPMorgan Chase Bank, National Association http://www.dfs.ny.gov/about/histw.txt 

2005   JPMC processed 1,711 wire transfers totaling approximately $178.5 million between December 12, 2005, and March 31, 2006, involving Cuban persons in apparent violation of the CACR. In November 2005, another U.S. financial institution alerted JPMC that JPMC might be processing wire transfers involving a Cuban national through one of its correspondent accounts. After such notification, JPMC conducted an investigation into the wire transfers it had processed through the correspondent account. The results of this investigation were reported to JPMC management and supervisory personnel, confirming that transfers of funds in which Cuba or a Cuban national had an interest were being made through the correspondent account at JPMC. Nevertheless, the bank failed to take adequate steps to prevent further transfers. JPMC did not voluntarily self-disclose these apparent violations of the CACR to OFAC. As a result of these apparent violations, considerable economic benefit was conferred to sanctioned persons. The base penalty for this set of apparent violations was $111,215,000.      https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110825.aspx    

2008 JPMorgan Chase Bear Stearns JPMorgan Chase $1.1 Billion Ultimate successor   JPMorgan Chase & Co.https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States   

2008 JPMorgan Chase Washington Mutual JPMorgan Chase $1.9 Billion[21] Ultimate successor  JPMorgan Chase & Co. https://en.wikipedia.org/wiki/List_of_bank_mergers_in_the_United_States

2008 JPMorgan Chase & Co. acquires The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.      https://www.jpmorgan.com/country/US/en/company-history

In 2008, JPMorgan Chase & Co. acquired The Bear Stearns Companies Inc., strengthening its capabilities across a broad range of businesses, including prime brokerage, cash clearing and energy trading globally.
Also in 2008, JPMorgan Chase & Co. acquired the deposits, assets and certain liabilities of Washington Mutual's banking operations. This acquisition expanded Chase's consumer branch network into California, Florida and Washington State and created the nation's second-largest branch network — with locations reaching 42% of the U.S. population.
https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history
 

2009   On December 22, 2009, in apparent violation of the WMDPSR, JPMC made a trade loan valued at approximately $2.9 million to the bank issuer of a letter of credit in which the underlying transaction involved a vessel that had been identified as blocked pursuant to the WMDPSR due to its affiliation with the Islamic Republic of Iran Shipping Lines ("IRISL"). Although JPMC supervisors and managers determined that this trade loan was likely an apparent violation of the WMDPSR and, in late December 2009, decided to submit a voluntary self-disclosure to OFAC, JPMC did not mail its voluntary self-disclosure until March 2010, three days prior to the date on which JPMC received repayment for the loan without OFAC guidance or authorization. JPMC also failed to respond promptly and completely to an OFAC administrative subpoena seeking information on this transaction. OFAC determined that JPMC made a voluntary self-disclosure of this apparent violation. The base penalty for this apparent violation was $2,941,838. https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110825.aspx

In 2010, J.P. Morgan acquired full ownership of its U.K. joint venture, J.P. Morgan Cazenove, one of Britain's premier investment banks. https://www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history

2010 - J.P. Morgan Cazenove becomes a wholly-owned part of J.P. Morgan, having originally operated as a joint venture between J.P. Morgan and the U.K. investment bank Cazenove.  https://www.jpmorgan.com/country/US/en/company-history

Gabriel Magee
London, United Kingdom Investment Banking
Lead Architect, Fixed Income / Rates Technology
JPMorgan
October 2010 – Present (6 years 4 months/until his death in 2014) London, United Kingdom
https://uk.linkedin.com/in/gabriel-magee-5172211
 

2010 The apparent violation of the RPPR occurred between November 8, 2010, and March 1, 2011. On October 13, 2010, OFAC issued JPMC an administrative subpoena pursuant to section 501.602 of the RPPR directing JPMC to provide certain specified documents related to a specific wire transfer referencing "Khartoum." In response to this subpoena and a subsequent communication, JPMC compliance management failed to produce several responsive documents in JPMC's possession, and repeatedly stated that JPMC had no additional responsive documents. OFAC ultimately provided JPMC with a list of multiple responsive documents that OFAC had reason to believe were in JPMC's possession based on communications with a third-party financial institution. This prompted JPMC to correct its prior statements that the bank possessed no additional responsive documents and to produce more than 20 responsive documents. JPMC did not voluntarily self-disclose the apparent violation of the RPPR to OFAC. The base penalty for this apparent violation was $250,000.    https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110825.aspx

 

 2011 - J.P. Morgan celebrates the 90th anniversary of the firm’s presence in China.https://www.jpmorgan.com/country/US/en/company-history


JPMorgan Chase Bank, N.A. Settlement
Release of Civil Penalties Information - JPMorgan Chase Bank, N.A. Settlement
8/25/2011
​JPMorgan Chase Bank N.A. Settles Apparent Violations of Multiple Sanctions Programs:

JPMorgan Chase Bank, N.A, New York, NY ("JPMC") has agreed to remit $88,300,000 to settle potential civil liability for apparent violations of: the Cuban Assets Control Regulations ("CACR"), 31 C.F.R. part 515; the Weapons of Mass Destruction Proliferators Sanctions Regulations ("WMDPSR"), 31 C.F.R. part 544; Executive Order 13382, "Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters;" the Global Terrorism Sanctions Regulations ("GTSR"), 31 C.F.R. part 594; the Iranian Transactions Regulations ("ITR"), 31 C.F.R. part 560; the Sudanese Sanctions Regulations ("SSR"), 31 C.F.R. part 538; the Former Liberian Regime of Charles Taylor Sanctions Regulations ("FLRCTSR"), 31 C.F.R. part 593; and the Reporting, Procedures, and Penalties Regulations ("RPPR"), 31 C.F.R. part 501, that occurred between December 15, 2005, and March 1, 2011.

This settlement covers the following apparent violations of the CACR, WMDPSR, and RPPR, which OFAC has determined were egregious:

JPMC processed 1,711 wire transfers totaling approximately $178.5 million between December 12, 2005, and March 31, 2006, involving Cuban persons in apparent violation of the CACR. In November 2005, another U.S. financial institution alerted JPMC that JPMC might be processing wire transfers involving a Cuban national through one of its correspondent accounts. After such notification, JPMC conducted an investigation into the wire transfers it had processed through the correspondent account. The results of this investigation were reported to JPMC management and supervisory personnel, confirming that transfers of funds in which Cuba or a Cuban national had an interest were being made through the correspondent account at JPMC. Nevertheless, the bank failed to take adequate steps to prevent further transfers. JPMC did not voluntarily self-disclose these apparent violations of the CACR to OFAC. As a result of these apparent violations, considerable economic benefit was conferred to sanctioned persons. The base penalty for this set of apparent violations was $111,215,000.

On December 22, 2009, in apparent violation of the WMDPSR, JPMC made a trade loan valued at approximately $2.9 million to the bank issuer of a letter of credit in which the underlying transaction involved a vessel that had been identified as blocked pursuant to the WMDPSR due to its affiliation with the Islamic Republic of Iran Shipping Lines ("IRISL"). Although JPMC supervisors and managers determined that this trade loan was likely an apparent violation of the WMDPSR and, in late December 2009, decided to submit a voluntary self-disclosure to OFAC, JPMC did not mail its voluntary self-disclosure until March 2010, three days prior to the date on which JPMC received repayment for the loan without OFAC guidance or authorization. JPMC also failed to respond promptly and completely to an OFAC administrative subpoena seeking information on this transaction. OFAC determined that JPMC made a voluntary self-disclosure of this apparent violation. The base penalty for this apparent violation was $2,941,838.

The apparent violation of the RPPR occurred between November 8, 2010, and March 1, 2011. On October 13, 2010, OFAC issued JPMC an administrative subpoena pursuant to section 501.602 of the RPPR directing JPMC to provide certain specified documents related to a specific wire transfer referencing "Khartoum." In response to this subpoena and a subsequent communication, JPMC compliance management failed to produce several responsive documents in JPMC's possession, and repeatedly stated that JPMC had no additional responsive documents. OFAC ultimately provided JPMC with a list of multiple responsive documents that OFAC had reason to believe were in JPMC's possession based on communications with a third-party financial institution. This prompted JPMC to correct its prior statements that the bank possessed no additional responsive documents and to produce more than 20 responsive documents. JPMC did not voluntarily self-disclose the apparent violation of the RPPR to OFAC. The base penalty for this apparent violation was $250,000.

In reaching its determination that the above-referenced apparent violations were egregious because of reckless acts or omissions by JPMC, OFAC considered all of the information in its possession related to these apparent violations, as well as the General Factors Affecting Administrative Action set forth in OFAC's Economic Sanctions Enforcement Guidelines. OFAC determined that JPMC is a very large, commercially sophisticated financial institution, and that JPMC managers and supervisors acted with knowledge of the conduct constituting the apparent violations and recklessly failed to exercise a minimal degree of caution or care with respect to JPMC's U.S. sanctions obligations.

This settlement also covers the following apparent violations, which OFAC determined were not egregious:

Apparent violations of the ITR, GTSR, SSR, FLRCTSR, WMDPSR, and Executive Order 13382 arising out of its failure to appropriately block or reject nine wire transfers between April 27, 2006 and November 28, 2008, which totaled $609,308. JPMC voluntarily self-disclosed five of these apparent violations to OFAC.

Apparent violations of the WMDPSR and SSR in which JPMC advised and confirmed a $2,707,432 letter of credit on April 24, 2009, in which the underlying transaction involved a vessel identified by OFAC as blocked due to its affiliation with IRISL, and a $79,308 letter of credit on January 29, 2008, involving goods destined for Sudan. JPMC voluntarily self-disclosed these apparent violations to OFAC.

An apparent violation of the ITR consisting of a May 24, 2006 transfer of 32,000 ounces of gold bullion valued at approximately $20,560,000 to the benefit of a bank in Iran. JPMC did not voluntarily self-disclose this matter to OFAC.

OFAC mitigated the total potential penalty based on JPMC's substantial cooperation, including conducting an historical transaction review at OFAC's request and entering into tolling agreements with OFAC, and the fact that OFAC had not issued a Penalty Notice or Finding of Violation against JPMC in the five years preceding the transactions at issue. Mitigation was also extended because JPMC agreed to settle these apparent violations.

Please visit the following link for a PDF copy of this announcement.
Bookmark and Share
Last Updated: 8/25/2011 2:51 PM
https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20110825.aspx

2013 -SEC Charges two J.P. Morgan Chase traders with Fraudulently Over Valuing to Conceal Losses : Javier Martin- Artajo   and Julien Grout http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539776091

Tuesday, January 28,2014, a 39-year old American, Gabriel Magee, a Vice President at JPMorgan in London, plunged to his death from the roof of the 33-story European headquarters of JPMorgan in Canary Wharf. According to Magee’s LinkedIn profile, he was involved in “Technical architecture oversight for planning, development, and operation of systems for fixed income securities and interest rate derivatives.”

Magee’s parents, Bill and Nell Magee, are not buying the official story according to press reports and are planning to travel from the United States to London to get at the truth. One of their key issues, which should also trouble the police, is how an employee obtains access to the rooftop of one of the mostly highly secure buildings in London. http://wallstreetonparade.com/2014/02/a-rash-of-deaths-and-a-missing-reporter-%E2%80%93-with-ties-to-wall-street-investigations/

June  17, 2015  James "Jimmy"  Bainbridge Lee Jr. died unexpectedly  after experiencing shortness of breath after exercising. He is survived by his wife Beth and three children.
 

 

 

03/01/1955 Name Change To Chase Manhattan Bank, The (1799-9/1965)  

09/01/1965 Convert Federal Chase Manhattan Bank, N.A., The

01/01/1976 Acquire By Merger Chase Manhattan Bank of Eastern New York, N.A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of the Southern Tier, N. A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of Western New York, N.A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of Northern New York, N.A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of Long Island, NA

01/01/1976 Acquire By Merger Chase Manhattan Bank of Mid-Hudson, N.A.

01/01/1976 Acquire By Merger Chase Manhattan Bank of Central New York, N.A.

12/01/1976 Acquire By Merger Chase Manhattan Bank of Greater Rochester, N. A.

01/01/1993 Acquire By Merger Chase Lincoln First Bank, National Association

07/14/1996 Merge To State Chemical Bank

07/14/1996 Name Change To Chase Manhattan Bank, The

11/13/2004 Convert Federal JPMorgan Chase Bank, National Association     http://www.dfs.ny.gov/about/histc.txt

Western National Bank of the U.S. in New York
1891 Established Hide & Leather National Bank of New York
07/01/1902 Name Change To National Bank of the U.S. in New York
02/01/1903 Acquire By Merger Western National Bank of the City of New York
02/01/1903 Name Change To Western National Bank of the U.S. in New York
03/01/1903 Merge To Federal National Bank of Commerce in New York
04/01/1929 Succeeded By Bank of Commerce in New York (4/1929-5/1929)
05/04/1929 Merge To State Guaranty Trust Company of New York
04/24/1959 Name Change To Morgan Guaranty Trust Company of New York
11/10/2001 Merge To State JPMorgan Chase Bank
11/13/2004 Convert Federal JPMorgan Chase Bank, National Association


Downloaded from

http://www.bbc.co.uk/education/archive/blood/jettprog.shtml

on October 18, 2000

Joseph Jett was a brilliant mathematician, a scholarship student at Harvard and MIT. In 1991 the prospect of
working in an intellectually demanding environment lured him into the new profit-hungry Kidder Peabody, one of Wall
Street's oldest and richest banks, which had been bought by General Electric in 1986. Jett's Kidder Peabody job was
in government bonds, the buying and selling of government debt. It was a trading backwater where no-one had ever
achieved high returns before. But Joseph Jett was about to change all that.

A government bond of security is a loan of money to government. Like a mortgage, the government repays its money in
a series of interest payments over several years. Jett and his team were trading not only the full bond issued by
the government, but also separating these bonds into their separate interest payments, or strips, and trading
these.

Using this technique, Jett's reported profits for his first year at Kidder Peabody were $32 million, more than
doubling the previous best performance of his desk.

By 1993 he was thought to have made the company approximately $150 million, and was promoted to head his
department. By the end of '93 he was handling thirty billion dollars. Even during the Wall Street recession of 1994
Jett's profits continued to soar. The company accounts showed that Jett had made $350 million in two and a half
years. These profits meant huge bonuses for Jett and his bosses. Jett alone took nine million dollars in a single
year.

As more and more capital flowed into Jett's account, Jett and his team took their trading into a new and exciting
arena known as 'forward transactions'. This meant that traders were no longer limited by deals they could strike on
a particular day of trading. They booked into their computer screens trades that were only due to take place at
some future date. Effectively this meant that Jett could now strip down and reconstitute bonds that he did not yet
own. Nonetheless these acts brought about a surge in Kidder's reported profits.

But all was not well.

Kidder's management team had discovered what amounted to a shortfall of $350 million. Their response was to launch
an investigation into the way Jett was stripping and reconstituting bonds.

Jett's forward trades, the much-acclaimed engine of his trading strategy, were often cancelled before they actually
happened. Kidder Peabody's star trader, it suddenly appeared, had spent much of his time orchestrating a series of
entirely pointless trading plans, or phantom trades.

Unable to fathom Jett's thinking, and intrigued to find out if it could explain the shortfall $350 million, some of
Kidder's managers invited Jett to join them in a meeting to discuss the problem.

Kidder Peabody then appointed a top flight lawyer to investigate the case against Joseph Jett. Kidder felt that
they could prove that the entire bank had been duped by its uniquely manipulative and charismatic head bond trader.

Stories appeared in the press casting doubts on Jett's academic achievements and personal integrity, and, most
bizzarely, suggested that a succession of different women were regularly seen going in and out of his New York
apartment.

With the press determined to vilify him, the entire might of General Electric against him, his colleagues refusing
to return his calls and his money frozen in a Kidder Peabody account, Jett - with some difficulty, eventually found
a defence attorney willing to represent him. And, as the story unfolded, it became increasingly clear that the
evidence did not fit Kidder's version of events as neatly as they might have wished.

Jett and his lawyer tried to gather the evidence they needed to show that Kidder's managers were in fact behind his
strategy of logging forward trades. Jett's lawyer claimed that Kidder was so anxious to impress General Electric -
and to attract money from other banks - that they were directing Jett's trades in order to help them achieve this.

Tapes of phone calls between Jett and his managers about the forward trading at the centre of the crisis enabled
Jett's lawyer to argue that Jett's bosses were in command of the situation, well aware of his trades, and even
setting down the terms on which he was supposed to trade.

In July, 1996, Jett's case was put before a panel of three arbitrators. They had to decide whether Joseph Jett was
a lone wolf who single-handedly hoodwinked one of Wall Street's most established investment banks, or was the
puppet of an institution in which naked greed had got the better of proper management.

In the end, Jett won the arbitration. All of Jett's money has been returned to him, and Kidder Peabody has been
sold off at a loss to General Electric. In August 1998 a second case brought by the SEC, the regulatory body
responsible for the securities industry, again cleared Jett of fraud, but fined him over $8 million on the grounds
of bookkeeping violations. Both Jett and the SEC are appealing against this decision.

Steven Huddart
Smeal College of Business, Penn State University, University Park, PA 16802-3603 USA
(814) 865-0041
(814) 863-8393 fax
huddart@psu.edu
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