Dear [first_name]:
# Indicates new articles or articles that have added content)
# Too Darn Hot! For an article we'd like to run next Sunday, write to us about how you're getting through this incredibly hot summer. Please include a note about where you are and what the temperature (and humidity) has been, and if you ever remember such an extended heat spell. Please send your sweat-soaked story to Andrea at news@chasealum.org. (Mind you, she has to go to Las Vegas this coming week, where it's forecast to be 116 degrees Fahrenheit!)
# Bank Culture: Values Learned and Retained – We want to start a new series in which alumni articulate how corporate culture shaped the banks they worked at and how corporate culture differed among the banks that are now under the JPMorgan Chase umbrella. Please indicate which bank you worked for and when, and at what stage of your career. How were you made aware of expected values, beliefs, behaviors? Were they set at the top or by your more immediate managers? Were they ever challenged in the heat of battle -- or after your bank may have merged with another? Did aspects of the initial culture stay with you always? Please send your thoughts -- or full-blown essays -- to Andrea at news@chasealum.org.
# POLICY CHANGE: We're following up on an alumnus suggestion that when we publish comments from CAA members, we identify the writers by the years they worked for Chase, Chemical, MHT, First Chicago, WaMu or whatever bank that is now part of JPMorgan Chase. So when you write in, please remember to provide that information.
Many thanks in advance!
NEWS & EVENTS (PAST AND FUTURE)
# SAVE THE DATE! The Fall CAA NYC reception will be held 5:30-7:30 pm on Monday, October 2, 2023 at JPMorgan Chase, 277 Park Avenue, 17th floor. Thank you to JPMC for making the space available. More details, including regisitration information, to follow in time. Note that this reception is only open to dues-paying CAA members.
Congratulations to Manuel Peña-Morros for winning our contest to guess where JPM stock would land at the end of the second quarter. The stock was at 138.73 when we announced the contest on April 16, 2023. On April 23rd, Manuel guessed it would close on June 30th at 145.6, and he was only off by .16, as the stock closed at 145.44 thanks to a last-day surge. Interestingly, two days earlier, JPM closed at 138.59, about where it started on April 16.
929844
Manuel credited "extensive research based on probabilities and AI". (Yeah, sure.)
Our alumni prognosticators submitted guesses ranging from a gloomy 119.38 (debt default, anyone?) to a rosy but hardly gravity defying 163.78. The mean was 143.86.
On Wednesday night, 40 alumni spent a fascinating 90 minutes on Zoom with alumnus Ralph White, author of Getting Out of Saigon, learning more about his book and experiences getting Chase employees and their family members out of Vietnam before Saigon fell in 1975. (Check out our review below.) If there's sufficient interest, we may be able to set up another Zoom in August, possibly at a time that's easier for European alumni. If interested, please contact Andrea at news@chasealum.org.
Click here for the website about the book, which includes dates on Ralph White's book tour.
Other stories on the CAA website about Chase's experience in Vietnam:
Corruption, or That's Not How We Do Things (Part 2): We're starting to post more stories about experiences alumni have had being approached overseas (or stateside) to participate in corrupt practices–or having to look the other way. The latest post is a story by Sergei Boboshko about his experiences in Russia in the 1990s. (Also visit Part 1)
If this is a subject you are willing to write or be interviewed about, please contact Andrea at news@chasealum.org. You can speak confidentially, or we can run your story anonymously if you prefer. We've already heard from a number of alumni. Add your tale!
EVENT PHOTOS (Viewable by dues-paying members)
...and from a gathering of Chase alumni in Mexico City on November 10, 2022. (Viewable by all)
The June 14, 2023 Subway Series game began with a rain delay and ended with the Mets beating the Yankees 4-3 in extra innings. It was a battle of pitchers, with a capacity crowd treated to two masters: Gerrit Cole (Yankees) and Justin Verlander (Mets). Above are some of our CAA baseball fans: Diane Bresee, Manuel Peña-Morros and Bill (Whitey) Kaufmann, with his daughter Kim. Kaufmann was a star college baseball player!
LIFE AFTER CHASE
Nick Binkley, one of our best correspondents, is the focus of a recent Pfeffer on Power podcast on Spotify, where he is interviewed by Jeffrey Pfeffer, The Thomas D. Dee II Professor of Organizational Behavior at Stanford Graduate School of Business. Binkley discusses his Chase Manhattan roots and how they helped lead him to a tenure as vice chair of Bank of America. The podcast shares valuable lessons in career building and finding releases from the pressures of stressful work.
We've written before about Chase alumnus and polymath Bob Graboyes, who, while an economics professor, won the 2014 Bastiat Prize for Journalism, an international award for “writing that best demonstrates the importance of individual liberty and free markets with originality, wit and eloquence.”
Graboyes has now left academia and is writing a substack (blog) he has dubbed Bastiat's Window, and it displays that same originality, wit and eloquence over a wide variety of subjects – with numerous references to his experiences at Chase. He just published a three-parter entirely related to and heavily laden with Chase Manhattan lore. The first installment is called Fun and Death in Lagos, but you need to register on the site to read it. It's well worth the effort!
# A General Note: Alumnae of First Chicago and Morgan Guaranty have sent us emails complaining that those institutions are not sufficiently represented on this website, that everything is about Chase, Chemical and Manny Hanny. (And, of course, we get complaints from Chem and MHT alumni that everything is about Chase!) This is a reminder that we largely rely on you, our members, to send us your stories and recollections. We propose story topics – e.g. mentors, romance in the workplace, working in dangerous situations, memorabilia, best hires, ways you spent the pandemic, book recommendations, to name a few – and then hope that alumni from all the JPMC heritage organizations will chime in. We're also always looking for contributions to Moments in Bank History (all the banks!) and Life After Chase (or Chem, MHT, First Chicago, First Republic, etc.). So please, scour your memories and contact us! As always, you can write up a story yourself or just ask to be interviewed. Contact Andrea at news@chasealum.org.
MOMENTS IN BANK HISTORY
(And remember...you have friends at Chase Alumni who want to see photos of your Bank memorabilia! Please send to news@chasealum.org.)
# Object of the Week: In honor of Bastille Day, here are photos of the main bank vault of the Chase Paris Uptown Branch, 20 Avenue George V (circa 1925) and the bank exterior.

To Catch a Thief: Elsie Low's story is both a Moment in Bank History and an example of a banker in danger. Learn how she foiled a bank robbery at a Brooklyn branch of MHT in 1986.
BANKERS IN DANGER: The third part of our series now includes a story by Nick Binkley, who found himself in Beirut during the 1975 Lebanese Civil War. The series features our intrepid alumni in hair-raising situations in the Middle East, Asia and South America. Were you ever asked to continue working–or struggling to get out of town–in a war zone or amidst other types of violence? Let us know. Here are links to the stories so far: Part 1 (stories by Bob Aberlin, Ed von Leffern, George Lacen, Alan Delsman, Mariana Abrantes de Sousa) | Part 2 (stories by Geoff Scott, Chris Matlon and Jim Haynes) | Part 3 (story by Thomas Lane and about Frank Ciulla).
We congratulate our longtime UK CAA member Jim Haynes, who recently marked his 55th anniversary working for or with Chase – since 1999, when he technically retired, for JPMC-heritage banks' UK pension plans. Read about his work and his other sporting passions.
We would love to hear from other alumni who lived in Chase-owned buildings – including bankers from heritage banks who lived in their equivalent on overseas duty. Please contact Andrea Axelrod at news@chasealum.org. Speaking of housing: If you have a great story about finding non-bank-owned housing overseas, let us know as well!
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In Memoriam
# David Savage, a managing director in the Petroleum and Energy Group in London in the 1990s, died unexpectedly on May 22, 2023. He was 79.
Clara Durán, who retired from Chase Manhattan after many years of mothering young MBA vice presidents as an executive administrative assistant, died on May 7, 2023. She was 87. If you were one of those young VPs, did she really type your dissertation for you? Please let us know!
Sir Win Bischoff, the legendary financier who began his career at Chase Manhattan and completed it this past year as chair of JPMorgan Securities in the UK, died in England on April 25, 2023. He was 81.
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. (www.chasealum.org) 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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CHASE ALUMNI ASSOCIATION
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