Drexel & Company

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Drexel & Company was a Philadelphia based banking company started by Francis Martin Drexel.

Anthony Joseph Drexel became a partner in his father's banking firm, Drexel & Company, at age 21, in 1847. The company made its money in the opportunities created by gold discoveries in the west. The company was also involved in financial deals with the federal government during the Mexican War and the US Civil War. A.J. Drexel became the head of Drexel & Company when his father died in 1863. He partnered with J.P. Morgan and created one of the largest banking companies in the world, Drexel, Morgan and Co.

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