
J.P. Morgan, Railroad Referee
Bankers do a lot more than just accept deposits, make loans and underwrite securities. They give advice, warn clients against dangerous strategies—and even sometimes act as referees.
Bankers do a lot more than just accept deposits, make loans and underwrite securities. They give advice, warn clients against dangerous strategies—and even sometimes act as referees.
By greatly facilitating transactions, William Boyle’s credit card helped the global economy to grow, and benefited bankers, merchants and customers alike.
The traveling Hagenbeck-Wallace Circus was famous for its humane animal acts. It was also famous for its bank.
Philadelphia financier Stephen Girard risked his fortune to save the republic in the War of 1812.