Description:
(American Financier, Banker, and Founder of 'J. S. Morgan & Co') Junius Spencer Morgan was a prominent American banker and financier who founded J. S. Morgan & Co. in London in 1864. He successfully transformed the banking house into a trans-Atlantic financial powerhouse with branches in London, New York City, Philadelphia, and Paris. At the time of his passing in 1890, the Morgan banks had emerged as key players in government and railroad finance, solidifying his firm as a leading American banking institution.
