Chase Alumni: JPMC HR Honcho to Speak at 9/30 NYC Event; Sign up by Wednesday + RIP: Leon Bressler

 
 
 
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# NEW CONTEST: How Now, Dow Jones 2024 
Guess where the Dow will be at the end of the last trading day of 2024, Friday, December 27, 2024. Predictions are due by Tuesday, October 15, 2024 at    5 pm (Eastern). You can only send one entry, and, to avoid ties, your estimate should include two decimal places (e.g., 40,123.45). 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 $400 Amazon gift card that will go to the winner. Good luck!
 
NEWS & EVENTS (PAST AND FUTURE)                                          
 
# Register by Wednesday!  The Fall Members-Only CAA Reception will be held Monday, September 30, 2024, from 5:30 pm to 7:30 pm, at the JPMorgan Chase facility at 277 Park Avenue, between E 47th and E 48th streets. (Thank you, JPMC, for hosting!) The event is free for members, but you must register no later than noon (Eastern) on Wednesday, September 25, 2024.
REMEMBER: It is insufficient just to join or renew your membership. You must register for the event.
Bill Feehan, veteran Head of Human Resources for JPMC's Consumer and Community Banking and interim head of Talent Acquisition at JPMC, will offer brief remarks.
   
 
► If you think you've registered, please double check our "Look Who's Coming" list here, and notify Andrea at news@chasealum.org if 1) you're not on the list but think you should be; 2) you're on the list but cannot attend, or 3) you want your name tag to appear with a different moniker than the one listed.  
As of September 22 at 1:45 pm (Eastern), 113 people have registered. Let's get attendance back to pre-pandemic levels: Get a group of friends to sign up! Drinks and hors d'oeuvres are on us.
 
To register or learn more, click here. Remember to log in first at chasealum.org so that the system recognizes you as a member.

# JOIN WAITING LIST: The guided highlights tour of the American Museum of Natural History is fully subscribed. If you want to be added to the waiting list in case of cancellations, please contact Andrea at news@chasealum.org.

     Chase alumnus Ron Mayer (not pictured) is a tour guide at the museum and has kindly offered to lead a group of 20 alumni on a 75-minute highlights tour on the afternoon of Wednesday, October 30, 2024. (Ron's live remarks will be piped through headsets.) The tour will begin at 1:45 pm, but Ron recommends arriving at the museum at least a half hour before that.
    The tour is free, but you will be responsible for obtaining online your own time-specific admission ticket to the museum. (Tickets are free for members and NYS residents, different prices for out-of-state visitors and extra if you also want to go to one of the museum's special exhibits.) We recommend waiting until the week before the event in case of any changes. After you sign up, you will get instructions about obtaining your ticket and where to meet.
    
   
# CAA Frankfurt will visit Bernd Pfarr's exhibit at Frankfurt's Caricatura Museum on Wednesday, September 25, 2024 at 5:15 pm, followed by dinner at Ristorante Sardegna. For more information or to reserve, please contact the chapter's new coordinator, Heinz Rahlves.
 
 
 
 
 
Read this New York Post story to learn how the current owner of 28 Liberty Street is upgrading what was once 1CMP (1 Chase Manhattan Plaza).
 
 
 
Ed Moran found an amusing story about Joseph Reed, David Rockefeller's closest associate, in a book about traveling on Air Force One. You can decide whether it's a story about broken communication, as the author suggests, or about entitlement or chutzpah! Now we've added a vintage Reed story from Bill Flanz. We welcome other stories about Reed. Send to news@chasealum.org.
 
 
 
 
THE OPTIMIST WINS! Joe Sinzer predicted on May 20, 2024 that the JPM stock price would be $225.25 at the market close on Friday, August 30, 2024; it closed at a record high of $224.80. Sinzer was off by only 45 cents! The runner up was Joel Epstein, with a prediction of $218.50. 
     When we announced the contest on May 17, 2024, JPM shares cost $204.79. The mean of the contest guesstimates was $206.46; the average was $211.89. As for his rosy prediction, Sinzer said, "I'm always the glass-half-full guy, but I also think JPMorgan Chase is the best-run global bank in the world – so I'll continue to be optimistic."
     Remarkably, this is the second time Sinzer has won the CAA "guess the closing JPM share price" contest. As winner, Sinzer received a $250 Amazon gift card, which, as the last time, he is donating to God's Love We Deliver.
     
In a story about how Texas has become a burgeoning financial hub, The Wall Street Journal reported that JPMorgan Chase has more employees in the Lone Star State than in New York State – 31,000 vs 28,300!
     "In Texas, about 12,700 [JPMC] employees work out of a 50-acre campus in the Dallas suburb of Plano, where meeting rooms are decorated with saddles and Western wear and on-site eateries include a Texas barbecue stand. The complex, comprising four buildings and 1.5 million square feet of office space, has doubled its employees since it opened in 2017," writes WSJ reporter Elizabeth Findell.
 

Readers may enjoy this article from Green Building Elements about the design of JPMorgan Chase's new global headquarters, with its special focus on sustainability. (Image: Foster + Parners)

 
 
 
 
A huge thank you to Rolf Stokburger (photo), who has completed 14 years as head of the CAA Frankfurt chapter and passed the torch to Heinz Rahlves as of July 1, 2024. Stokburger, who is retiring this summer as a managing partner of the executive search firm Boyden in Germany, was ably helped during those years by his assistant, Birgit Wilde. Together, they organized annual Thanksgiving celebrations, visits to museums and art galleries, and memorable meals for Germany-based alumni. Danke schön, Rolf und Birgit! Viel Glück für Heinz!
 
HAPPY ANNIVERSARY! July 1, 2024 marked the 20th anniversary of the merger between Bank One and JPMorgan Chase -- the merger that brought JPMC Jamie Dimon. We've added a cute story from Tom Buda. If you want to add to other Chase alumni recollections of the merger or write about its impact, send your thoughts to news@chasealum.org.
 
 
1867-1967: A Century in the City Thanks to  Chase Alumnus Allan Wright, who shared a 57-year-old brochure celebrating Chase's first 100 years in the City of London. Due to limitations with image resolution on our website, we strongly recommend looking at the two-part posting of the brochure on a laptop or desktop, not a tablet or phone. Click on these links for PART ONE and PART TWO. We'd love to hear from alumni about changes to Chase London and Chase UK since the brochure was published...or more stories about the "good old days".
 
 
Gene Ret (not pictured), a privacy expert whose 30-year Chase career included privacy work, gives some practical advice on how to avoid and recover from identity theft. Gene has also added something to the article following an alumna's question. Previously, Ret wrote for us on how to reduce spam texts, emails and phone calls.
 
 
CAA TECH CORNER WITH DAN ALVAREZ                                       
 
In his seventh monthly feature dedicated to defining emerging trends in technology, in plain English, CAA board member Dan Alvarez explores the science and technology behind the efforts to fight the counterfeiting of your Benjamins. Here's a hint: 
 
Dan's columns look at tech trends 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". 
 
LIFE AFTER CHASE                                                                            

Dave Farrell had a short tenure with The Chase Manhattan Bank of South Africa before The Standard Bank of South Africa (SBSA) absorbed Chase's three South African branches, but Chase left an impression and opened up his world. Farrell's account includes many "bankers in danger" moments of his lifetime in African banking, which, he says, is not for the faint of heart.

 
 
 
EVENT PHOTOS                                                                                  
 
# Remember: Dues-paying Chase Alumni Association members can explore the numerous photo albums on the website. 
 
CAA Austria had a full house for its annual pre-summer luncheon on June 13, 2024. Click here to see photos. (Viewable by all)
 
 
 
A new photo album for additional pictures of the CAA's May 1-10 trip to the south of France and Monaco is now up, viewable by dues-paying CAA  members. All website readers can enjoy a two-part travelogue with other photos that was posted last week. We recommend looking at it on a laptop or desktop rather than a tablet or phone. Click on these  links for PART ONE and PART TWO. C'est si bon!
 
Tod Winston (photo) of NYC Audubon led an early bird walk for newbie and experienced CAA birders on Monday, May 13, 2024 in Central Park's magnificently rustic North Woods. Click here for details and imagesThe birds were plentiful (warblers! grackles! ovenbirds! a Baltimore oriole! a woodpecker! a whopping 50 species in total!) and the weather terrific.  
 
 
 
 
 
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: Edward Everett Horton – the American character actor whose career ranged from being Fred Astaire's addled friend in the great Astaire-Rogers movies to playing Uncle Ned in Dennis the Menace – appeared in 1954 in one of a series of ads for The Chase National Bank featuring "celebrated depositors". His performance in Springtime for Henry became a perennial in summer stock. The ad's copy reads:
Good customer Horton speaks up for Chase.
      It is a matter of record that Edward Everett Horton has appeared at the Chase considerably fewer times than he has in Springtime for Henry.
      After all, a man can have only so many reasons for coming to the Chase. Mr. Horton's primary rreason is his checking account, just one of the scores of banking services Chase offers.
      Still, we like our off-stage role in Mr. Horton's life. From his comments, we gather the feeling is mutual.
      If you are looking for an equally agreeable arrangement, drop in at Chase soon, 29 convenient offices to satisfy most any banking problem you can think of.
 
Do I like to do business with Chase? Oh, my yes! Yes indeed!
It pays to do business with Chase. Yes, it does.
 
 
 
 
As we do every year, we are remembering 9/11's impact on alumni, downtown and elsewhere, on that day and since. We are starting a new collection of stories, beginning with a remembrance by Tom Buda.  If you have a story to add to this collection, please send it to Andrea at news@chasealum.org.
 
Memories of 9/11 (published 2001)
 
For 10 years at least, Chase Manhattan ran ads for the CMB Personal Trust Department featuring chained, supersized (nest) eggs. See how the ad campaign evolved and presented ideas for retirement over the 14 ads we've captured from the 1950s and 1960s. (Two separate posts)
 
 
 
 
 
 
Bank Culture: Values Learned and Retained – We've added a story by John Sellers to a 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. Sellers looks at the cultures of JPM, Chase Manhattan, Salomon Bros, Paribas and Citi.  
     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?  
 
LOOKING FOR INPUT...                                                                                                 
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.
 
IN MEMORIAM                                                                                     
 
Please send remembrances and news of recent alumni deaths to news@chasealum.org
Léon Bressler, 77, a major figure in European real estate who worked for Chase from 1972 to 1978, died in Paris on August 30, 2024. His former Chase colleague and longtime friend Rudi Bogni recalls his legendary career.
 
 
 
 
 
Lee Hines, 78, an international trade specialist at Chase Manhattan, died in late July/early August 2024 in Malibu, CA. (The death notice did not include date of death.)
 
 
 
 
 
 
David (Dave) H.E. Larsen, 86, died July 17, 2024 at his home in Shelter Island Heights, NY, having lived in Ridgewood, NJ, for four decades prior. During his 37-year career at Chase Manhattan, Larsen worked on Chase's first installation of cash dispensers, Community Banking product management and Private Banking sales for the Northeast Region.
 
 
 
 
# Rolf Reinhold, head of the management board at Chase in Frankfurt, Germany, in the 1980s, died on July 8, 2024. He was 84. For many years he split his time between the Frankfurt area and Scottsdale, AZ.
 
 
 
 

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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