Chase Alumni: Dow Contest Deadline Wednesday!, London Lunch + RIP: Alfredo Salazar, Jr.

 
 
 
 
Dear [first_name]:
# Indicates new articles or articles that have added content
 
# CONTEST: How Now, Dow Jones 
Predictions are due by Wednesday, November 15, 2023 at 5 pm Eastern.
 
Guess where the Dow will be at the end of the last trading day of 2023, Friday, December 29, 2023. Note: We're asking for the Dow prediction – not the JPM stock price. You can only send one entry, and, to avoid ties, your estimate should include two decimal places (e.g., 32,417.59). Please send to news@chasealum.org, with Dow in the subject line. You must be a dues-paying CAA member to be eligible for the $500 Amazon gift card that will go to the winner. Good luck!
 
LOOKING FOR INPUT...                                                                                                 
We invite you to submit stories for a new series: Brushes with GreatnessWas there a client or executive with whom you worked at Chase or a heritage bank who might have earned his/her reputation as a mover or shaker? Was the person especially demanding? Did he/she make an effort to put you at ease? Did you learn from the encounter or longer-term relationship or dine out later on the story? Was there a more junior colleague where you saw the sparks that made for a later stellar career? Please send your story to Andrea at news@chasealum.org.
 
We're always looking for new Lives After Chase (in non-financial areas) and Moments in Bank History. We also welcome new contributions to such existing series of articles as: Ex-Pat Housing, Corruption, Mentors, Bankers in Danger and our newest, Corporate Culture. Please remember to send your story or story ideas to Andrea at news@chasealum.org. As always, you can write something up, or Andrea can interview you and write it up for you.
 
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)                                            
# Alfredo Salazar, Jr., former General Manager of Chase Manhattan Puerto Rico, Brazil and Argentina, and a leading voice in Puerto Rican society, died on November 11, 2023, at the age of 81.
 
 
 
 
 
 
 
 
# The London CAA Chapter will hold its holiday luncheon at the RAF Club in London on Friday, December 15, 2023. Click here for information. Visiting alumni are invited to attend. RSVP by Friday, December 1, 2023 at noon (GMT).
 
 
 
 
 
 
Gene Ret, a privacy expert whose 30-year Chase career included privacy work, gives some practical advice on how to reduce spam texts, emails and phone calls.
 
 
 
 
 
CAA Frankfurt Thanksgiving Gathering: The Thanksgiving Einladung will take place at the Frankfurt Golf Club on Thursday, November 23, 2023. Click here for more information and an RSVP form.
 
 
 
The CAA alumni trip to the south of France for May 1 to May 10, 2024 is sold out. To be added to the waiting list, please contact Andrea at news@chasealum.org (917/554-7800). The nine-night trip will begin in Nice and explore the sights, history, food, wine and living culture of the Côte d'Azur (including Monaco) and parts of Provence. And of course you will make this trip in the best of company – fellow Chase alumni! CLICK HERE for a full itinerary, information about hotels, pricing, "the small print" and other factors that will make it obvious why the package has sold so quickly.  
 
CAA TECH CORNER WITH DAN ALVAREZ                                  
 
Column #2: Generative AI
Our new (and definitely youngest) CAA board member, Dan Alvarez, has launched a monthly feature dedicated to defining emerging trends in technology, in plain English. His plan is to address these questions at a "100-level" for Luddites, brilliant (of course) but non-technologically inclined bankers and anyone else in the financial world embarrassed to ask basic questions while looking at the "big picture". 
 
For his second column, Dan is addressing Generative Artificial Intelligence.  
  • What is Generative AI (Gen AI)?
  • What is the difference between AI and Gen AI
  • What are other common use cases for Gen AI in the financial services industry?
  • Do Large Language Models (LLMs) know everything?
  • What are the major downsides to LLMs and Gen AI?
  • Why can LLMs tell me what the weather is in Gotham City?

Click here to read Dan's informative and often amusing takes on these questions. Please note that a survey is included with the column. Your answers will guide his writing of future columns, as to the topics, tone and knowledge level required. We would appreciate your response – as we appreciate Dan's offer to provide this Tech Corner for us each month.  

 

EVENT PHOTOS                                                                              

Click here for coverage and 99 photos of October 2's Fall CAA NYC reception. (Photos can only be accessed by dues-paying CAA members.) The evening included remarks by Charlie Maikish that should be of interest to anyone who worked in Lower Manhattan or the Brooklyn Exposure Zone on 9/11.

 
CAA Belgium held its fourth reunion on October 13, 2023 in Antwerp. Colette Selfslagh, who is with J.P. Morgan in London, was the luncheon speaker. Everyone can see the photos and links to other stories out of Antwerp.
 
 
 
 
 
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: Vintage First Republic Bank pencil case with ruler and pencil sharpener.
 
Bank Culture: Values Learned and Retained – We've begun 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. We begin with three contributors: Janin Campos, Richard J. Moss and Elease Ruddock.
     Please send your thoughts – or full-blown essays – to Andrea at  news@chasealum.orgPlease indicate which bank you worked for and when, and at what stage of your career. Here are some prompts for responses: 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?  
 
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).
 
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.
 
 
Chase Alumni's leading Amazonian explorer, James Lynch, sent us a link to a new video featuring his participation in death-defying white water canoeing and camping on the Roosevelt River, deep in the Amazon jungle. Such risk for so much breathtaking scenery! Fasten your seatbelt!
 
 
 
 
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 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!
IN MEMORIAM                                                                                  

Please send remembrances and news of recent alumni deaths to news@chasealum.org.

# The CAA mourns the passing of its longtime member Eshagh Shaoul, 82, who died in Vermont on October 28, 2023. Shaoul worked overseas for half of the 24 years he spent at Chase Manhattan. A memorial service will be held in New York at a future date.
 
 
 
 
John Robert Wenzel, 100, died on October 2, 2023. He worked in Puerto Rico and Manhattan for Chase National Bank after World War II, during which he was truly a member of the Greatest Generation. While he may not have been known to any current Chase alumni, his life was definitely a life well lived, and we wanted to share this In Memoriam, adapted from both an article and death notice that appeared in The New York Times.

 

The CAA mourns the death of member Edward A. Apuzzo, who died of a rare sarcoma on September 19, 2023 in Irvington, NY, at the age of 76. He worked for Chase Manhattan's credit team for 35 years, including 11 years in Rio and Caracas.
 

The CAA mourns the death of member Scott Taylor, who helped Chase Manhattan solve "large problem relationships" as Vice President of its Special Projects Division in the 1970s. Taylor, 77, died in Florida on September 14, 2023.

 
 
 
 
 

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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