FC Seller Corp history

The company’s charter permits it to conduct a banking operation, similar to The Manhattan Company's example, and it establishes Phenix Bank in 1817.

J.P. Morgan acquires full ownership of the firm's U.K. joint venture, J.P. Morgan Cazenove, with origins dating to 1823.

The Bank of The Manhattan Company is a key lender for the construction of the Erie Canal, which opens in 1825 linking the Hudson River to the Great Lakes.

Junius S. Morgan, patriarch of the Morgan banking family, moves to London and joins the private banking firm George Peabody & Co. It becomes the leading marketer of American securities in England and Europe, raising capital for the first transatlantic telegraph cable in 1858 among other important deals.

The 1863 law is strengthened by a second National Bank Act passed the following year.

In 1868, Anthony Drexel establishes Drexel, Harjes & Co. in Paris, JPMorgan Chase’s earliest predecessor in France.

When the Great Fire sweeps through Chicago in 1871, the First National Bank of Chicago's new "fireproof" building at the corner of State and Washington Streets is almost completely destroyed.

In the years following the Panic of 1893, gold drains from the United States Treasury, causing a crisis in the nation’s currency, banking and international trade.

J. Pierpont Morgan dies while traveling in Rome on March 31, 1913.

Chase Manhattan establishes a representative office in Moscow, the first United States bank to have a business presence there since the 1920s.

Following the 1923 Great Kantō earthquake that devastated Tokyo and the city of Yokohama, J.P. Morgan & Co. leads a $150 million loan, part of an ambitious reconstruction plan.

In 1959, Lawson Milk Co. became an affiliate of the American food giant Consolidated Foods Inc. and continued to widely expand its network of stores out of Ohio while establishing the convenience store operating system.

Technological improvements to the ATM and added functionality, such as making deposits and transfers, are rolled out beginning in 1971.

The card is soon renamed Uni-Card and in 1972 joins the national BankAmericard System, the precursor to Visa.