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Drexel Family Digital Archive
Pandemic Stories: Voices of COVID-19
The Early Drexel Institute and Race
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Learn more about the Drexel University Archives
Drexel Family Digital Archive
Pandemic Stories: Voices of COVID-19
The Early Drexel Institute and Race
Browse Collections
About
Contact Us
Learn more about the Drexel University Archives
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Tags: Drexel&co
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The Drexel legacy lies not in banking and finance, but in the philanthropic drive of Anthony J. Drexel's descendants and in the longevity of his creation, Drexel University. Read on to discover the Drexel family.
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Drexel&co
After five years of decline, Drexel Burnham Lambert declares bankruptcy and is dissolved. From 1986 onward, two directors were charged with insider trading. The firm faced charges by the Securities and Exchange Commission and pled guilty to stock parking and manipulation.
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Drexel&co
Drexel Burnham & Co. merges with Lambert Brussels Witter and is renamed Drexel Burnham Lambert.
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Drexel&co
Drexel Firestone merges with Burnham to become Drexel Burnham & Company.
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Drexel&co
Early 1970s. Drexel Harriman Ripley sells a 25 percent stake to Firestone Tire and Rubber Company, and is renamed Drexel Firestone.
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Drexel&co
The new Drexel & Co. merges with Harriman, Ripley and Company to become Drexel Harriman Ripley.
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Drexel&co
Drexel partners and associates establish an investment bank, assuming the Drexel & Co. name. The historic Drexel & Co. is entirely absorbed into J.P. Morgan & Co.
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Drexel&co
A new Drexel and Company building designed by Day and Klauder, architects, in an Italian Renaissance palazzo manner, is constructed at 43 S. 15th Street in Philadelphia. Drexel & Co. occupies the building until 1943.
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Drexel&co
The last remaining Drexel family member to serve as a partner at Drexel & Co., Anthony J. Drexel's son-in-law James W. Paul, Jr., dies in Philadelphia.
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Drexel&co
Late 1894. John Pierpont Morgan gathers all of the partners of the New York and Philadelphia banking houses in New York, and shares his plan for reorganization. The two houses are combined, based out of New York, and renamed J.P. Morgan & Co. The Paris branch became Morgan, Harjes & Co. Only the Philadelphia branch retains the Drexel name.
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