JPMorgan Chase’s name traces to financier J. Pierpont Morgan, the founder of J.P. Morgan & Co.
John Pierpont Morgan, commonly known as J. P. Morgan, was born in 1837 and became one of the most influential American financiers of the late nineteenth and early twentieth centuries. He reorganized railroads, helped consolidate major industrial companies, and played a prominent role in financial rescues during crises.
J. P. Morgan & Co. developed from the banking partnerships Morgan joined and led. After his death in 1913, the firm continued through changing corporate structures and eventually became part of the modern JPMorgan Chase organization.
JPMorgan Chase is not simply the unchanged original bank. The modern company resulted from numerous mergers, including the 2000 merger of J.P. Morgan and Chase Manhattan. The name preserves the history of both the Morgan and Chase banking traditions.