Drexel, Morgan & Co.

E560527

Drexel, Morgan & Co. was a prominent 19th-century American banking firm that served as a key predecessor to J.P. Morgan & Co. and played a major role in U.S. railroad and industrial finance.

All labels observed (4)

Label Occurrences
Drexel & Co. 4
Drexel, Morgan & Co. canonical 3
Drexel & Company 2

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf investment bank ⓘ
partnership ⓘ
activeInPeriod 19th century ⓘ
associatedWith Gilded Age finance ⓘ
House of Morgan ⓘ
New York financial elite ⓘ
businessModel private partnership ⓘ
capitalMarketRole channel for European capital into U.S. industry ⓘ
intermediary between European investors and American railroads ⓘ
country United States ⓘ
foundedBy Anthony J. Drexel ⓘ
J. Pierpont Morgan ⓘ
linked to: J. P. Morgan
headquartersLocation New York City ⓘ
historicalSignificance helped consolidate financial power in New York City ⓘ
key predecessor to J.P. Morgan & Co. ⓘ
industry banking ⓘ
investment banking ⓘ
influenced development of modern American investment banking ⓘ
legacy foundation of the Morgan banking empire ⓘ
model for later American investment banks ⓘ
locatedIn Wall Street ⓘ
notableActivity arranging large-scale corporate financings ⓘ
reorganizing distressed railroads ⓘ
underwriting railroad securities ⓘ
notableClientSector industrial corporations ⓘ
railroad companies ⓘ
notablePartner Anthony J. Drexel ⓘ
Francis M. Drexel ⓘ
George W. Perkins ⓘ
J. Pierpont Morgan ⓘ
linked to: J. P. Morgan
parentOrganization Drexel & Co. ⓘ
predecessorOf J.P. Morgan & Co. ⓘ
linked to: JPMorgan Chase
regionServed Europe ⓘ
United States ⓘ
role major financier of American industrial expansion ⓘ
major financier of U.S. railroads ⓘ
specializedIn corporate bond underwriting ⓘ
government securities ⓘ
industrial finance ⓘ
railroad finance ⓘ
successor J.P. Morgan & Co. ⓘ
linked to: JPMorgan Chase

How these facts were elicited

Referenced by (10)

Full triples — surface form annotated when it differs from this entity's canonical label.

House of Morgan → hasMemberFirm → Drexel, Morgan & Co. ⓘ
Anthony J. Drexel → memberOf → Drexel & Co. ⓘ
linked to: Drexel, Morgan & Co.
Anthony J. Drexel → memberOf → Drexel, Morgan & Co. ⓘ
Anthony J. Drexel → founded → Drexel & Co. ⓘ
linked to: Drexel, Morgan & Co.
Drexel Burnham Lambert → foundedAs → Drexel & Company ⓘ
linked to: Drexel, Morgan & Co.
Drexel Burnham Lambert → predecessor → Drexel & Company ⓘ
linked to: Drexel, Morgan & Co.
Francis Martin Drexel → founded → Drexel & Co. ⓘ
linked to: Drexel, Morgan & Co.
Morgan family → associatedWithOrganization → Drexel, Morgan & Co. ⓘ
Drexel, Morgan & Co. → parentOrganization → Drexel & Co. ⓘ
linked to: Drexel, Morgan & Co.
George Peabody & Co. → successor → J.S. Morgan & Co. ⓘ
linked to: Drexel, Morgan & Co.