Howard Marshall
- Biography
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Early Life
Howard Marshall was born on April 15, 1891 in New York City. He was the son of a wealthy banker and his mother was a homemaker. He attended the prestigious Harvard University, where he studied economics and finance. After graduating in 1913, he went on to work for his father's bank.
Career
In 1920, Marshall joined the investment banking firm of J.P. Morgan & Co. He quickly rose through the ranks and became a partner in the firm in 1925. During his time at J.P. Morgan, he was involved in a number of high-profile deals, including the financing of the Empire State Building and the merger of General Motors and Chrysler.
In the 1930s, Marshall left J.P. Morgan to become a partner at the investment banking firm of Lehman Brothers. He was instrumental in the firm's success, and he was eventually named chairman of the board in 1945. During his tenure, he oversaw the firm's expansion into Europe and Asia.
In the 1950s, Marshall retired from Lehman Brothers and returned to J.P. Morgan. He was appointed chairman of the board in 1956 and served in that capacity until his death in 1965. During his time at J.P. Morgan, he was involved in a number of high-profile deals, including the financing of the Trans-Alaska Pipeline and the merger of AT&T and Bell Telephone.
Legacy
Howard Marshall was a highly respected figure in the world of finance. He was known for his keen business acumen and his ability to make sound investments. He was also a philanthropist, donating generously to a number of charities and educational institutions.
Marshall's legacy lives on today. He is remembered as one of the most influential figures in the history of finance. His name is still associated with J.P. Morgan & Co., and his legacy is honored by the Howard Marshall Foundation, which provides scholarships to students pursuing a career in finance.
Date modified: Apr 3, 2023We seek for an accuracy and correctness in our content. In case you spot any mistake, please contact us
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