Andreas Dombret’s Post

I get asked so many times, so you're with JP Morgan? or Was JP Morgan and Morgan Stanley ever a single entity? August just passed but I thought I would share a little history lesson of how Morgan Stanley was formed 88 years ago. In August of 1935, a meeting was held on a porch in Maine to discuss the founding of “XYZ Corporation,” which would go on to become Morgan Stanley. In 1935, partners of J.P Morgan & Co and their lawyer set out to create a new investment bank, due to the Glass-Steagall Act which prevented underwriting securities within commercial banking operations. This led to the formation of Morgan Stanley & Co Incorporated, with Harold Stanley as president and Henry Morgan as treasurer and secretary. The decision to establish a new bank was risky, as it involved leaving an established bank with $340 million in capital. However, demand from potential customers like AT&T made the partners confident about the venture. 88 years ago and still (in my opinion) the top and best company in finance. Here's the link to the full story. Very interesting.

As of November 2023 JPMorgan Chase & Co. has a market cap of $443.88 Billion. This makes JPMorgan Chase & Co. the world's 16th most valuable company by market cap. Let's Explore the Legacy of JP Morgan: A Titan of Industry 🏛️ 🔗 John Pierpont Morgan, born into privilege in 1837, emerged as a financial powerhouse shaping the landscape of 19th-century America. 💰 His journey from a sickly, isolated child to a dominating force in finance is a testament to resilience. Let's delve into real examples that illustrate key learnings from JP Morgan's story: 1. Proactivity Pays: - Example: Morgan's direct involvement in corporate management was evident when he orchestrated the creation of U.S. Steel. By actively merging companies like Carnegie Steel and Federal Steel, he shaped the world's first billion-dollar corporation. 2. Adaptability is Key: - Example: Despite personal tragedy, such as the death of his wife Amelia, Morgan adapted by throwing himself into work. This resilience and ability to overcome setbacks propelled him to found his own company and become a financial titan. 3. Bold Decision-Making: - Example: Morgan's audacious move to consolidate railroads showcased his bold decision-making. The creation of monopolies through morganization demonstrated his vision, turning competing companies into a unified force. 4. Crisis Management: - Example:During the 1893 depression, Morgan's decisive action to form a private syndicate saved the U.S. from economic collapse. His quick response restored public confidence and prevented a potentially catastrophic financial downturn. 5. Legacy Beyond Self: - Example: JP Morgan's legacy endures through the institutions he founded. For instance, the merger of JP Morgan & Co. with Chase Bank in 2000 created JPMorgan Chase, the world's largest bank by market capitalization, showcasing a legacy that transcends generations. Ashutosh K.Sadana #businesslessons #Leadership #StrategyByExample #JPmorganLegacy

Exciting developments in the finance realm! After an impressive 17-year tenure at J.P. Morgan, Takis Georgakopoulos bids adieu to pursue fresh endeavors. 🎉 Max Neukirchen and Umar Farooq step into the limelight as the chosen successors to helm the payments division, marking a significant shift in leadership at the renowned bank. 💼💳 With their wealth of experience and strategic acumen, they are primed to steer JP Morgan's payments sector to new heights. Stay tuned for more updates! #JPmorgan #FinanceNews #LeadershipChanges

With JPMorgan's CFO projecting a downturn in trading revenue for Q1, it's essential to reevaluate and adjust our investment strategies accordingly to stay ahead of market changes. ☝️⁠ ⁠ At Castle Island Family Office, we are vigilant and proactive in managing your wealth. It's not just about growth; it's about curating a holistic approach that fulfills your vision of growth. 📉💼 ⁠ ⁠ #InvestmentManagement #WealthPreservation #FamilyOffice https://lnkd.in/eKisd329

JPMorgan Chase & Co. made significant executive changes in its investment banking and consumer units, aiming to diversify leadership experience amid CEO Jamie Dimon's succession plans. Read on about this here: https://lnkd.in/eB9yipzr #innovation #business #leadership #investing #venturecapital #finance #markets #technology

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🏢💼 JP Morgan: Pioneering Financial Excellence 🚀🌟 Today, let's shine the spotlight on one of the most influential names in the financial world - JP Morgan! 🏢💼 With a rich history and a commitment to innovation, JP Morgan continues to be a driving force in the global financial landscape. 🔹 A Legacy of Vision: Founded in 1871 by the legendary financier John Pierpont Morgan, JP Morgan's journey began as a banking institution committed to excellence and integrity. From its early days, the firm demonstrated a visionary approach, which laid the groundwork for its future success. 🔹 Navigating Challenges with Resilience: Throughout its history, JP Morgan has navigated through numerous economic challenges and financial crises with resilience and adaptability. Its ability to weather uncertainties has solidified its reputation as a stable and trustworthy partner for clients and investors. 🔹 Empowering Progress and Growth: JP Morgan's commitment to fostering progress and growth extends beyond its financial services. The firm actively engages in philanthropy and corporate social responsibility, supporting various initiatives to uplift communities and drive positive change. 🔹 Innovation at the Core: Embracing innovation has been a hallmark of JP Morgan's success. The firm continually explores cutting-edge technologies and solutions to enhance its services, improve client experiences, and stay ahead of the curve in a rapidly evolving financial landscape. 🔹 Championing Diversity and Inclusion: JP Morgan recognizes the importance of diversity and inclusion in creating a dynamic and inclusive work environment. The firm celebrates the diverse perspectives of its talented teams, promoting collaboration and innovation in every endeavor. 🔹 Client-Centric Excellence: At the heart of JP Morgan's success lies its unwavering commitment to providing exceptional service to clients worldwide. By understanding their unique needs and aspirations, the firm builds lasting relationships, becoming a trusted partner in their financial journey. 🔹 Shaping the Future: As the financial world continues to evolve, JP Morgan remains at the forefront of progress, spearheading initiatives that redefine the future of finance. From sustainable investing to digital transformation, the firm's forward-thinking approach ensures it stays ahead of the game. 🚀 Join me in celebrating JP Morgan's extraordinary journey, its dedication to innovation, client-centricity, and its positive impact on the world of finance and beyond! 🌟💼 #JPMorgan #FinancialExcellence #Innovation #ClientCentric #DiversityandInclusion #Philanthropy #GlobalLeader #FinanceWorld

📜 Thrilled to add another achievement to my journey: I've just wrapped up JP Morgan's Investment Banking Virtual Experience Program! 🌟💼 The program provided a deep dive into the intricacies of the finance world and equipped me with valuable skills. Grateful for the opportunity and excited for what's ahead! 🚀🎓 #JPmorganVirtualExperience #InvestmentBankingInsights

Citigroup Chief Executive Officer Jane Fraser is planning to get rid of five layers of management as she undertakes the biggest restructuring of the Wall Street giant in two decades. Basically, the company will go from 13 layers to 8 as part of the changes. In a conference call, Fraser faced skepticism from analysts over whether this time will really be different. The CEO had this to say: `` Our org model was set up for a financial supermarket. That is simply not the bank we are today. So we're aligning the organizational model with that simpler business mix and strategy. What's truly different is we are changing how we run the bank. And these are permanent changes that will be driven all the way down through the organization.'' https://lnkd.in/eizkwpK3

Uncovering the Titans of Finance! My passion for investment banking led me on a thrilling adventure, digging deep into the world of high finance. I embarked on a quest to research the top 10 investment banks globally, and what I discovered was nothing short of fascinating. Here's a quick brief up about the dynamics of the market players. Imagine a league of extraordinary institutions, shaping the global economy with their financial prowess. From Goldman Sachs' mastery of M&A to Morgan Stanley's innovative equity research, each bank has its unique superpower. I uncovered hidden gems: - JPMorgan Chase's impressive deal-making machine - Bank of America Merrill Lynch's award-winning transactions - Deutsche Bank's diversified revenue streams - Citi's extensive global footprint - And many more! Join me on this journey into the world of investment banking, where finance meets strategy and innovation. Let's connect and explore the dynamic landscape of high finance together! #investmentbanking #finance #research #top10 #investmentbanks #financialtitans Syed Jafri, ICA |