As a result of the Glass-Stegall Act of 1933, J.P. Morgan & Co. was broken up, it spun off its investment banking activities into Morgan Stanley.
J.P. Morgan & Co. continued to operate as a commercial bank.
In the 1990's it started to rebuild its investment banking operations.
In 2000, it merged with the Chase Manhattan Bank, and JPMorgan Chase was formed.... Today, JPMorgan Chase is the largest Bank in the world with over US$2.6 trillion in assets.
Morgan Stanley continues to operate as an investment bank.
John D. Rockefeller, Jr. and the Rockefeller family were the largest shareholders of Chase National Bank.
Of the $16 billion JPMorgan Chase has shelled out, about $8.5 billion were for fines and settlements resulting from illegal actions taken by bank executives, according to Richard Eskow at the Campaign for America's Future, who cited a new report from Joshua Rosner of Graham Fisher & Co. The U.S. Treasury's Office of Foreign Assets Control found that JPMorgan had illegally aided dictatorships in Cuba, Sudan, Liberia and Iran, including transferring 32,000 ounces of gold bullion for an Iranian bank.
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Ellen Johnson Sirleaf is a Liberian politician who serves as the 24th and current President of Liberia since 2006.
After Samuel Doe seized power in a coup d'état and executed Tolbert, Sirleaf fled to the U.S. She worked for the World Bank before moving to Nairobi, where she worked for Citibank and then the Equator