J. P. Morgan in the context of "Monetary system"

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⭐ Core Definition: J. P. Morgan

John Pierpont Morgan Sr. (April 17, 1837 – March 31, 1913) was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era. As the head of the banking firm that ultimately became known as JPMorgan Chase & Co., he was a driving force behind the wave of industrial consolidations in the United States at the turn of the twentieth century.

Over the course of his career on Wall Street, Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel, International Harvester, and General Electric. He and his partners also held controlling interests in numerous other American businesses including Aetna, Western Union, the Pullman Car Company, and 21 railroads. His grandfather Joseph Morgan was one of the co-founders of Aetna. Through his holdings, Morgan exercised enormous influence over capital markets in the United States. During the Panic of 1907, he organized a coalition of financiers that saved the American monetary system from collapse.

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J. P. Morgan in the context of Morgan Library

The Morgan Library & Museum (originally known as the Pierpont Morgan Library and colloquially known as the Morgan) is a museum and research library in New York City, New York, U.S. Completed in 1906 as the private library of the banker J. P. Morgan, the institution is housed at 225 Madison Avenue in the Murray Hill neighborhood of Manhattan. As of 2024, the museum is directed by Colin B. Bailey and governed by a board of trustees.

The site was formerly occupied by several Phelps family residences, one of which was sold to J. P. Morgan in 1880. After collecting thousands of objects in the late 19th century, Morgan erected the main library building between 1902 and 1906, with Belle da Costa Greene serving as its first librarian for more than four decades. The library was made a public institution in 1924 by J. P. Morgan's son John Pierpont Morgan Jr., in accordance with his father's will, and further expansions were completed in 1928, 1962, and 1991. The Morgan Library was renamed the Morgan Library & Museum after the completion of a major expansion in 2006. Further renovations were completed in 2010 and 2022.

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J. P. Morgan in the context of JPMorgan Chase

JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational banking institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States, and the world's largest bank by market capitalization as of 2025. As the largest of the Big Four banks in America, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the development of an internal "Fortress Balance Sheet". The firm has had its global headquarters on 270 Park Avenue in Midtown Manhattan since 2025.

JPMorgan Chase was created in 2000 by the merger of New York City banks J.P. Morgan & Co. and Chase Manhattan Company. Through its predecessors, the firm's early history can be traced to 1799, with the founding of what became the Bank of the Manhattan Company. J.P. Morgan & Co. was founded in 1871 by the American financier J. P. Morgan, who launched the House of Morgan on 23 Wall Street as a national purveyor of commercial, investment, and private banking services. Today, the firm is a major provider of investment banking services, through corporate advisory, mergers and acquisitions, sales and trading, and public offerings. Their private banking franchise and asset management division are among the world's largest in terms of total assets. Its retail banking and credit card offerings are provided via the Chase brand in the United States and United Kingdom.

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J. P. Morgan in the context of The Cloisters

The Cloisters (also known as the Met Cloisters) is a museum in Fort Tryon Park, straddling the neighborhoods of Washington Heights and Inwood, in Upper Manhattan, New York City. The museum specializes in European medieval art and architecture, with a focus on the Romanesque and Gothic periods. Governed by the Metropolitan Museum of Art, it contains a large collection of medieval artworks shown in the architectural settings of French monasteries and abbeys. Its buildings are centered around four cloisters—the Cuxa, Saint-Guilhem, Bonnefont, and Trie-sur-Baïse—that were acquired by American sculptor and art dealer George Grey Barnard in France before 1913 and moved to New York. Barnard's collection was bought for the museum by financier and philanthropist John D. Rockefeller Jr. Other major sources of objects were the collections of J. P. Morgan and Joseph Brummer.

The museum's building was designed by the architect Charles Collens, on a site on a steep hill, with upper and lower levels. It contains medieval gardens and a series of chapels and themed galleries, including the Romanesque, Fuentidueña, Unicorn, Spanish, and Gothic rooms. The design, layout, and ambiance of the building are intended to evoke a sense of medieval European monastic life. It holds about 5,000 works of art and architecture, all European and mostly dating from the Byzantine to the early Renaissance periods, mainly during the 12th through 15th centuries. The objects include stone and wood sculptures, tapestries, illuminated manuscripts, and panel paintings, of which the best known include the c. 1422 Early Netherlandish Mérode Altarpiece and the c. 1495–1505 Flemish The Unicorn Tapestries.

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J. P. Morgan in the context of Belle da Costa Greene

Belle da Costa Greene (November 26, 1879 – May 10, 1950) was an American librarian who managed and developed the personal library of J. P. Morgan. After Morgan died in 1913, Greene continued as librarian for his son, Jack Morgan, and in 1924 was named the first director of the Pierpont Morgan Library. Despite being born to black parents, Greene spent her professional career passing for white.

Greene worked in the administrative offices at Columbia University's Teachers College in the mid-1890s, where she was introduced to the philanthropist and social welfare advocate Grace Hoadley Dodge. Dodge arranged for Greene to be admitted to the Northfield Seminary for Young Ladies and funded her education there. Greene attended the seminary for three years, likely from 1896 to 1899. In 1900, Greene attended Amherst College's Summer School of Library Economy, a six-week program that offered courses in the nascent library science field, including cataloging, indexing, and handwriting. Following her graduation, she began working at the Princeton University Library. At Princeton, she was trained in cataloging and reference work, and she developed a knowledge of rare books. While working at Princeton, she met Junius Spencer Morgan II, who later introduced her to his financier uncle J. P. Morgan. Greene began working as J. P. Morgan's librarian in 1905.

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J. P. Morgan in the context of J. P. Morgan, Jr.

John Pierpont Morgan Jr. (September 7, 1867 – March 13, 1943) was an American banker and finance executive. He inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died in 1913.

After graduating from St. Paul's School and Harvard College, Morgan trained as a finance executive working for his father and grandfather. He became a banking financier, a lending leader, and a director of several companies. He supported New York's Society for the Lying-In Hospital, the Red Cross, the Episcopal Church, and endowed the creation of a rare book and manuscript collection at the Morgan Library.

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J. P. Morgan in the context of J.P. Morgan & Co.

J.P. Morgan & Co. is an American financial institution specialized in investment banking, asset management and private banking founded by financier J. P. Morgan in 1871. Through a series of mergers and acquisitions, the company is now a subsidiary of JPMorgan Chase, the largest banking institution in the world. The company has been historically referred to as the "House of Morgan" or simply Morgan.

For 146 years, until 2000, J.P. Morgan specialized in commercial banking, before a merger with Chase Manhattan Bank led to the business line spinning off under the Chase brand.

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J. P. Morgan in the context of The Morgan Library & Museum

The Morgan Library & Museum (formerly the Pierpont Morgan Library; colloquially the Morgan) is a museum and research library in New York City, New York, United States. Completed in 1906 as the private library of the banker J. P. Morgan, the institution is housed at 225 Madison Avenue in the Murray Hill neighborhood of Manhattan. As of 2024, the museum is directed by Colin B. Bailey and governed by a board of trustees.

The site was formerly occupied by several Phelps family residences, one of which was sold to J. P. Morgan in 1880. After collecting thousands of objects in the late 19th century, Morgan erected the main building between 1902 and 1906, with Belle da Costa Greene serving as its first librarian for more than four decades. The library was made a public institution in 1924 by J. P. Morgan's son John Pierpont Morgan Jr., in accordance with his father's will, and further expansions were completed in 1928, 1962, and 1991. The Morgan Library was renamed the Morgan Library & Museum after the completion of a major expansion in 2006. Further renovations were completed in 2010 and 2022.

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