| Morgan Grenfell |
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The firm specialized in selling American bonds to British investors. In 1864, Junius acquired an existing firm to be the bank's New York branch and made his son, J. P. Morgan a partner in this new branch, Dabney, Morgan and Company, which was later to become the investment firm J. P. Morgan & Co. In 1904, Edward Grenfell was made a partner in the firm, and, in 1909, it underwent a further change of name to become Morgan, Grenfell and Company. In 1990, Morgan, Grenfell was acquired by Deutsche Bank . |
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