Chase Alumni: A Dapper Chuck Connell + CAA Subway Series Tix Go on Sale 6/13

 
Dear Reader,
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 LIFE AFTER CHASE                                                                        
 
Read about the other two (or is it three and counting?) careers of Robert Aberlin, and learn how some Chase connections led from one thing to another in film, the dance world and education.
 
 
 
 
The Extroverted Economist: A risk analyst at Chase for five years in the 1980s for the Sub-Saharan Africa desk, Bob Graboyes is now an expert in health care economics and the use of technology in health care. His heart, though, is in the music he composes.
 
 
 
NEWS & EVENTS (PAST AND FUTURE)                                           
 
# Mets and Yankee fans: We've reserved 40 seats for the Subway Series game to be played at CitiField on Friday, September 10, 2021! Tickets will go on sale Sunday, June 13, 2021. Pricing will be posted a few days earlier.
 
BOOK RESEARCH REQUEST FROM AUTHOR NICOLE GELINAS, for alumni from late 1960s/early 1970s:

Gelinas–a Chartered Financial Analyst–is a senior fellow at the Manhattan Institute, a contributing editor of City Journal, and a columnist at the New York Post. 

"My book, Movement: NYC's 60-year battle to take back the public streets from the private car,  is about the past 60 years of NYC transportation. Chapter 4 deals with the merger of the Triborough Bridge and Tunnel Association with the New York City Transit Authority, into the entity to be named the Metropolitan Transportation Authority. Chase had a big role in this merger, because, in 1967, as trustee for the Triborough bondholders, the bank sued to stop the merger and settled the lawsuit in 1968.

"I am hoping to talk to any former Chase employee who worked on this lawsuit or merger in any capacity to learn more about it. As it is so long ago, I don't think it violates any confidentiality for alum to talk to me.

"Thank you! I am at 646-469-8935, or just email me. I am happy to do phone interviews due to the pandemic, but, if anyone wants to meet in person and is in the NYC region, I am certainly up for that, as well."

 
As first reported by Michael Young in New York YIMBY, demolition of JPMorgan Chase's headquarters building, 270 Park Avenue, is nearly complete. Click here for the story and numerous photos of the demolition. "Recent photos show the former headquarters reduced to a couple remaining sections of steel framework. The photographs really give a sense of how many layers there were to the demolition process and the building itself from the steel, concrete and rebar, cinder block walls, metal decking, and wiring," Young wrote. 
 
 

Jamie Dimon's letter to shareholders in the 2020 Annual Report addresses the following:

  • The Corporate Citizen: The Purpose of a Corporation
  • Lessons from Leadership
  • Banks’ Enormous Competitive Threats — from Virtually Every Angle
  • Specific Issues Facing Our Company
  • COVID-19 and the Economy
  • Public Policy. American Exceptionalism, Competitiveness and Leadership: Challenged by China, COVID-19 and Our Own Competence
Want to discuss it? Send comments to news@chasealum.org.
From Mark Kaufmann: Jamie's letter should be sent to every member of Congress. The bipartisan committees and working groups should make it required reading. It is a road map for re-imagining Democracy's survival.
 
CONTEST: Where will JPMorgan Chase stock (JPM) be at the close of the second quarter 2021? The contest is now closed, with a winner to be announced on July 1, 2021.
JPM stock closed on March 31, 2021 at 152.53; our
participating alumni's guesses for the June 30 closing price ranged from 135.215 to 182.75, with a median of 161.15.      On May 14–half way through the second quarter–JPM was $164.01 per share.
On June 4, it closed at 166.44. Three weeks to go!
 
We have put together a compendium of past CAA events,   with links to photos (viewable only by dues-paying   CAA members). Of course, none of us has aged in these photos
(from 2005 to 2020). Until we meet again in person!
 
The alumni trip to Croatia/Italy has been postponed to next year (2022). More information will be sent directly to registrants.
 

CHEM/CHASE...MHT/CHEM...HERITAGE/ MERGER MEMORIES   

Please continue sending your story ideas, essays and images regarding the banks and the merger to news@chasealum.org.  
 
# Object of the Week: From Chuck Connell: "The photo is of one of several ads that Dennis Longwell backed to increase awareness of our presence in the UK during the "Big Bang" era. Neville Walton, the group head on the left unfortunately passed away very young after leaving Chase. Not sure where Alistair Winter went. The dapper fellow in the middle is me. A friend had this framed as a gag gift for being in his wedding party back then, and I just rediscovered it unpacking some boxes from a recent move." The ad ran in the Financial Times in September 1985.
 
 
 
 
 
 
(Happy) 25th Anniversary! March 31, 2021 was the 25th anniversary of the Chemical Bank-Chase Manhattan merger. Click here and here to see how the merger was covered in the media a quarter century ago.
 
 
In the Room Where It Happened: Special thanks to former JPMorgan Chase Vice Chair Don Layton for a superb article,  The Merger Name Game, with insights into why Chemical's name outlasted Manufacturers Hanover, Chemical gave way to Chase and JPMorgan Chase wasn't named Chase Morgan.
 
 
 
 
 
 
 
MOMENTS IN BANK HISTORY                                                          
 
Christmas in May: Thank you to Ann Turner-Maynard (nee Miller). for scanning the Christmas 1989 issue of the Chase UK Network newsletter. You may see some familiar names in it.
 
 
 
 
 
 
Keith Wheatley isn't strictly a Chase alumnus, but he was the "Plant Man" and "Flower Man" at Woolgate House in the 1980s and 1990s. He hopes his recollections will trigger some others. (The photo is of him from around that era.)
 
Woolgate House #2: Another image has been added, of a sculpture in the courtyard.
 
 
Eugene Ret writes about the implications on consumer privacy when the Glass Steagall Act was repealed and Chase Manhattan's response.
 
 
 
 
 

Andrew Berry wrote in about the just published Argyle-The Impossible Story of Australian Diamonds by Stuart Kells (University of Melbourne Press), a fascinating study of the discovery, development and intrigues associated with the Argyle diamond mine in Western Australia. Two chapters, wrote Berry, “deal with the challenging and supposedly impossible raising of a US$175,000,000 project financing by the Mine’s 38.24% owner Ashton Mining Limited. The majority owner and operator was the mercurial Rio Tinto’s Australian subsidiary CRA, which awaited fruitlessly for Ashton to fail in this financing endeavour so it (CRA) could acquire some or all of Ashton’s interest. Such was not the case because the Chase Manhattan Bank underwrote and successfully syndicated Ashton Mining's debt funding.”
Click here to read more about the book and Chase (and Berry's) roles.
 

Click for a master index to images of memorabilia we've gathered recently, from Manufacturers Hanover Trust,    Chemical Bank and Chase Manhattan. 

 
 
 
 
 
  IN MEMORIAM                                                                                  

In Memoriams: Please send remembrances to news@chasealum.org

We were just informed of the December 16, 2016 death of Vincent "Val" Mulcahy, 70, who was a Managing Director in Finance during the period of the Chase/Chemical merger for the Securities and Trading businesses in New York.

 

Charles "Chuck" Whitcomb, who served Chase Manhattan in Miami and ran its branch network in
Puerto Rico as part of a 55-year career in banking, died on April 26, 2021 in Miami, a few days short of his 93rd birthday. (He stopped working at the age of 86.)

 

 

The CAA mourns the passing of its member Felix "Phil" Sergio, 85, who died on April 5, 2021. He was a VP at the bank over his 33 years of service in branches and middle market banking. 

 
 
 
 
How Best to Use the CAA Membership Directory                
 
If you have not done so recently, please update the information in your profile, so that the CAA and other members would be better able to contact you. Using the Membership Directory is a privilege of dues-paying CAA members.
 
Now get a refresher on how to best use the membership directory to find an individual or groups of individuals you would like to contact. (Note that only dues-paying members have access to the directory.).
 
To get to the directory, log in at www.chasealum.org. On the home page menu, click on Membership and then Member Directory.
 
When searching by name, or in any of the other search areas, we advise starting by putting in less information in the search field. For example, if you want to find William Smith, type only Smith in the Search by Name box; if you put in “William Smith” and he is calling himself Bill Smith in his profile, you will not find him.
 
If you want to find members who live near you, enter the city, state or country (or any combination) under Location. The Years at Chase search is very valuable. Type in 1996-2005, for instance, and you will find everyone who worked for the bank (including heritage banks) during those years. You can narrow your search by also typing in a location or job title.
 
Once you have entered the search words, click on Search at the bottom of the page. When members’ names appear, click on their names to obtain more detailed information about them.
 
If you have any problem with any of this, contact Ken Jablon at jablonkt@aol.com.
 
As always: If the links do not work for you, you can always access the latest stories by logging on to CAA's web site.

If you have any questions, please send an e-mail to Ken Jablon or call Ken (during normal working hours) at 212-799-9525.

By the by: Don't forget to explore the rest of the CAA Web site. Just click on the home page menu buttons to find the news archive, photo album, membership directory, past In Memoriams and benefit information.

The Board of the Chase Alumni Association  
           
 
 





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