Company History

With a legacy dating back to 1799, we have a history of demonstrating leadership during times of both economic growth and financial instability.

J.P. Morgan’s history in Japan dates back to 1924, the year after the Great Kanto Earthquake. J.P. Morgan underwrote US$150 million in disaster recovery bonds, the first dollar-denominated bonds ever issued by the Japanese government. In recognition of this service, the Japanese government presented decorations to John Pierpont Morgan, Jr. and two other partners. In subsequent years, the company has steadily expanded its operations in Japan.

The Chase Manhattan Bank, a predecessor of JPMorgan Chase Bank, founded its Tokyo branch in 1947. The bank grew to become Japan’s leader in foreign exchange dealing, and advanced together with the Japanese post-war economic reconstruction.

Major milestones in the firm's history in Japan:

  • 2008: The Tokyo branch of Bear Stearns Securities is closed and its businesses transferred to JPMorgan Securities Japan Co., Ltd.
  • 2006: J.P. Morgan Securities Asia Pte. Limited Tokyo branch changes its corporate structure to a Japanese corporation and commences its business operations as JPMorgan Securities Japan Co., Ltd.
  • 2001: The Tokyo branches of Jardine Fleming Securities (Asia) and Chase Securities are closed and their businesses transferred to the Tokyo branch of J.P. Morgan Securities Asia Pte. Limited.
  • The Tokyo branches of Morgan Guaranty Trust Co. of New York and Chase Manhattan Bank merge to form the Tokyo branch of JPMorgan Chase Bank.
  • 1987: J.P. Morgan Securities Asia Ltd. opens a Tokyo branch.
  • 1974: Chase Manhattan Corporation is listed on the Tokyo Stock Exchange.
  • 1972: Chemical Bank opens a Tokyo branch.
  • 1961: Morgan Guaranty Trust Co., of New York, the banking arm of J.P. Morgan, establishes a representative office in Tokyo.
  • 1947: Chase National Bank becomes the first foreign bank to open a branch in Tokyo in the post-war era.
  • 1924: J.P. Morgan underwrites US$150 million in disaster recovery bonds issued by the Japanese government after the Great Kanto Earthquake.

See our firm’s global history

 

Copyright © 2017 JPMorgan Chase & Co. All rights reserved.