Dear [first_name]:
IMAGE FROM AMERICAN MUSEUM OF NATURAL HISTORY (2024 CAA TOUR LED BY RON MAYER): BANDED IRON FORMATION This rock records a time from the Earth’s distant past, when evolving life profoundly influenced the planet’s evolution. The oxygen that is now in the Earth’s atmosphere was not there at the beginning. Early life began to generate oxygen by converting the Sun’s energy into food. That caused the iron that was dissolved in the oceans to precipitate out as iron oxide minerals. This rock, with its layers of red jasper and iron magnetite, was formed billions of years ago as part of that process. It is a reminder that life made our atmosphere breathable.
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# Here's a holiday season treat for dues-paying members: Click to read The Story of Money: From Barter to Banking, published by The Chase Manhattan Bank Money Museum in 1967. To become a CAA dues-paying member, please click here.
NEWS & EVENTS (PAST AND FUTURE)
# The CAA trip to Tucson has been cancelled due to insufficient interest.
Deposits are being returned to those who registered.
# SAVE THE DATE: We have reserved 24 Field Level seats for the Friday, May 23, 2025 Mets vs Dodgers game at Citifield. Tickets will be $149 each (normally $167). For more information, click here. You must be a dues-paying member to order, and you can buy up to four tickets. Please: As we discount these tickets, we would appreciate your not buying them just for friends and family without your planning to attend yourself. Tickets go on sale on Sunday, January 5, 2025 at 5 pm Eastern.
The canary in the HQ? According to Reuters, "JPMorgan is assessing options for its European headquarters in London as the fast-expanding Wall Street bank outgrows its existing tower in London's Canary Wharf financial district."
Read more here.
Chase Alumnus Ron Mayer led 19 lucky alumni and friends of CAA on a highlights tour of New York's American Museum of Natural History on October 30, 2024. Click here for the rave reviews and some photos – and plan to join us if the wise, funny and informative Mayer is generous enough to offer another tour!
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).
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.
LIFE AFTER CHASE
# For Chrismukkah 2024: Tampa's Charlotte Israel is the perfect profile for a holiday season when Chanukah falls on Christmas: She's an evangelical minister who bases much of her faith in the Torah, as well as an entrepreneur, holistic wellness provider and Rotary leader involved in remarkable projects in Sierra Leone. Click here to read about this gifted Chase alumna.
Diane Santomouro Bresee has spent post-Chase time painting and traveling. The 112 East 96th Street branch of the New York Public Library has extended an exhibit of eight of her paintings (under the name "Diane Santo") through the end of the year. The paintings are of Papua New Guinea – inspired by her father's service there in World War Two and her own visit to the country in 2013.
After leaving Chase, Michael Prasad changed his focus from financial risk to the risks of natural hazards. First as a volunteer and then as a staffer and consultant, he became involved with emergency management for the American Red Cross, the State of New Jersey and FEMA. He has now published a comprehensive "pracademic" guide to water-related emergencies – an indispensible best practices reference for government officials, water system operators, urban planners and others, including those with non-Emergency Management roles.
CAA TECH CORNER WITH DAN ALVAREZ
In his eighth feature dedicated to defining emerging trends in technology, in plain English, CAA board member Dan Alvarez covers the largest and most expensive IT outage in history: the CrowdStrike disaster. This article dives a bit deeper into enterprise cybersecurity concepts and also provides a great example of how a single seemingly innocuous mistake caused over $10 billion in global damages within a short amount of time.
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".
EVENT PHOTOS
# Remember: Dues-paying Chase Alumni Association members can explore the numerous photo albums on the website.
Members of CAA Vienna enjoyed Thanksgiving dinner at an estate in Hungary
Click here to see photos from the September 30, 2024 NYC reception that JPMC graciously hosted for more than 90 alumni. This is our website's 200th photo album! Apologies to the few alumni our photographer didn't capture. If you spot a caption error, please contact news@chasealum.org, with a screenshot of the photo. Remember: Only dues-paying CAA members can see the photo albums. Please be sure to log on before attempting to view the photos.
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 MHT mask promotion for Christmas accounts.
With a
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)
LOOKING FOR INPUT...
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IN MEMORIAM
# IN REMEMBRANCE: On December 29th, we will be listing everyone whose "In Memoriam" was published on our website in 2024. If you know of an alumnus who died this year whose death was not acknowledged here, please send us the name and any obituary information you have by December 27th. We would also appreciate your telling us about your late colleague's bank career. Thank you.
# Lawrence (Larry) J. Toal, once Chase Manhattan's country manager in Hong Kong and Head of European Consumer Banking in London, died on December 12, 2024 in New York. He was 87 and had worked for Chase for 26 years, retiring as a Senior Vice President.
# We only just learned that Charles Coronella, President and Chief Executive of Chase Bank of Arizona from 1991 to 1994, died on September 24, 2024 at the age of 91 in Scottsdale, AZ.
# We only just learned that Mary Jean George, a human resources professional for Chase in Texas for many years, died on October 29, 2024, in San Antonio, TX.
Raymond (Ray) A. Guenter, former acting General Counsel of Chase Manhattan Bank, died of cancer on December 8, 2024, at age 92. After his 30+ year career in banking, he became a law professor.
# Ulises Giberga, 91, died in New York City on December 3, 2024. One of Chase Manhattan's last bankers in Cuba, Giberga went on to run various activities in the Caribbean and served in New York as Head of Western Hemisphere Correspondent Banking and General Manager of Private Banking International-Western Hemisphere. He retired from Chase at the end of 1987.
Eugene (Gar) Bewkes III, 74, a pioneer in leveraged finance who co-founded Manufacturers Hanover Trust's Specialized Financing Group, died of leukemia on November 18, 2024. He had also been a senior executive at Bear Stearns.
Joseph L. Giunta, who was an industrial engineer for Manufacturers Hanover Trust, Chemical Bank and Chase Manhattan, died on October 27, 2024. He was 88 and had lived in Midland Park, NJ.
Howard E. Hallengren, once Chief Investment Officer at First National Bank of Chicago and Chase Manhattan's Chief Investment Officer of International Private Banking for a decade, died on October 13, 2024 in Chicago, IL. He was 94. He self-published a novel, partially based on embezzlements he witnessed at Chase.
Roman Koifman, 68, of Paramus, NJ, died on October 8, 2024. At Chase from 1988 to 2005, he was a brilliant product strategist, developer and manager, particularly in credit cards and digital platforms.
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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