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.