Part 1/10:
The Historical and Financial Legacy of the House of Morgan
The House of Morgan, one of the most influential banking institutions in American history, finds its origins in the bustling financial hub of London. The story begins with the death of George Peabody, a renowned American banker, who left his business to Junius Morgan, the father of J.P. Morgan, as he had no heirs. This moment marked the beginning of a significant lineage in finance and laid the groundwork for the modern American banking system.