History in the United Kingdom

J.P. Morgan is a leader in financial services, offering innovative and intelligent solutions to clients, with one of the most comprehensive global product platforms available. We have been helping our clients to do business and manage their wealth for more than 200 years and we keep their interests foremost in our minds at all times. This combination of product strength, intellectual capital and character sets us apart as an industry leader. Learn more about J.P. Morgan’s history globally.

 

Key Moments in J.P. Morgan’s History

Timeline: 1799 – 1880s | 1890s – 1930s | 1940s – 1970s | 1980s – Present

 

1980s – Present

    2008: J.P. Morgan plays an important role in helping manage the credit crisis through the acquisition of Bear Stearns.

    1986: Chase opens an office in Bournemouth.


1940s – 1970s

    1979: Chase Manhattan purchases the Bank of Ireland’s 50% interest and renames it The Chase Bank (Ireland) Ltd.

    1970: The First National Bank of Chicago (a predecessor firm) opens a branch in Dublin at 31 Dame Street. The branch moves to 44/45 St. Stephen’s Green in 1974.

    1968: Chase Manhattan enters a joint venture with The Bank of Ireland to establish The Chase Bank of Ireland (International) Ltd. Chase takes a 50% interest in the venture.

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1890s – 1930s

    1925: Central Union Trust Co. (a predecessor firm) opens a representative office. The office becomes a full service branch in 1938.

    1910: J.S. Morgan becomes Morgan Grenfell & Co.

    1892: Guaranty Trust (a predecessor firm) opens a representative office, mostly for correspondent banking. It becomes a full service branch in 1897.

    1890: J. Pierpont Morgan becomes senior partner of J.S. Morgan & Co. in London.

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1799 – 1880s

    1887: Jarvis Conklin Mortgage & Trust Company, a predecessor firm, opens in London.

    1873: The Scottish American Investment Trust, a Robert Fleming & Co. predecessor firm, is formed.

    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.

    1848: The Waterbury Bank opens, a predecessor of the Chase Manhattan Bank.

    1824: The Chemical Bank is established.

    1799: The Manhattan Company, the firm’s earliest predecessor institution, is chartered.

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