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Dear Reader,
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# Remember: Past CAA newsletters are archived on the CAA website under News.
NEWS & EVENTS (PAST AND FUTURE)
 # Damn Yankees Theater Party? Instead of buying (poor) Mets tickets for next season, and during a week when many New Yorkers are saying (poor) Yankees, we're considering having a theater party for the upcoming production of the classic musical "Damn Yankees", following rave reviews for this production at DC's Arena Stage. Group tickets can discount the cost of tickets by 25 percent. In order for us to know how many to order, please let Andrea know at news@chasealum.org if you would be interested in going. We're looking at two dates -- Tuesdays April 6 and 13. Let us know your availability and how many tickets you want (one or two) ASAP. You must be a dues-paying member of CAA to participate. People who express interest now will get priority notification before the tickets go on sale to the membership.
How's That for a Chandelier! Below: Chase Alumni on a CAA-organized trip to Sicily visited the still privately owned Palazzo Valguarnera Gangi, where Luchino Visconti shot the most famous ballroom scenes of the film The Leopard, with Burt Lancaster. Now that the trip is over, we hope to have more photos and a travelog soon!
SAVE THE DATE: Join Chase Alumni Hong Kong on the evening of Friday, December 11, 2026, at the Chinese restaurant The Chariot Club, 3/F Melbourne Plaza, 33 Queen's Road, Central, Hong Kong. Cocktails are at 6:30, with dinner from 7 to 11 pm. Dress code is smart casual. Details on cost, reservations and discounts for dues-paying Chase Alumni members will come later. For more information in the interim, contact Evangeline Lai (WhatsApp +852 9839 8268) or the organizers, Mignonne Cheng and Helena Koo, at chasealumnihk@gmail.com.
# DID THIS ARTICLE JINX IT? What was the valuation of the bank when you worked there? Read FORTUNE's article, "The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation" Wrote Mia Osmonbekov, a news fellow at Fortune, "The financial giant was worth roughly $970 billion on Monday (August 17) morning—a modest stock-market rally away from becoming the first bank in the world with a $1 trillion market cap and a far cry from its $138 billion valuation on December 30, 2005, just before he took over. Last month, JPMorgan posted the highest-ever quarterly profit by a U.S. bank." At the market close on October 9, 2026, the stock's market cap was about $885.2 billion, up $1.7 billion from the prior week.
Indeed, an article posted October 10th on Simply Wall Street suggests that JPM stock may be undervalued by more than 10 percent. JPMC is scheduled to report its Q3 2026 earnings on Tuesday, October 13, 2026, before the market opens.
 Added to the In Memoriam for Art Ryan: Video of Ryan's 2018 induction into the New Jersey Hall of Fame. Hear him in the last two minutes of the video. To get a sense of who Ryan was and what was important to him, also listen to Ryan giving the 2019 Fiondella Lecture at his alma mater, Providence College, addressing how his humanities/liberal arts education prepared him to become CEO of one of the largest financial institutions in the world. (The video also features Chase and Providence College alumna Liz Flynn.)
 Is Jamie Dimon's eventual successor as CEO of JPMorganChase one of the two executives promoted last week to newly created roles as co-presidents? As Hugh Son writes for CNBC:
"Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since early 2024, were named co-presidents of JPMorgan effective immediately..
"As part of the changes, Petno, 61, becomes the sole chief executive of the commercial and investment banking division, while Rohrbaugh, 56, will take over as CEO of the firm’s consumer and community banking division, succeeding Marianne Lake."
Lake, 57, who many thought was in the running for CEO, announced last week that she would retire. In The Wall Street Journal, Alexander Saeedy wrote that Lake was "widely praised for years about her mastery of financial data and her comfortability talking with investors. She had a fast-paced style and many considered her one of the smartest executives at JPMorgan as she expanded the bank's branch network, credit-card offerings and profits."
Saeedy noted, however, that she also had negative feedback from her direct reports for her management style. Around the end of last year, Saeedy, wrote, "people close to Lake started to acknowledge that she wouldn't likely become the next chief executive."
"Though she is retiring from JPMorgan," Saeedy wrote, "Lake expects that she will eventually take a new job as a corporate executive," according to people familiar with the matter.
Click here for a gift article with coverage from The New York Times.
LIFE AFTER CHASE
Alumna Hortensia Sampedro – one of the early women to be accepted into Chase Manhattan's Credit Training Program – will be inducted into the Cuban Bankers Hall of Fame next month. Read about her glass ceiling-smashing life during and after Chase. (She also answers to the titles Professor and Commodore.)
RET ON PRIVACY
Ret, a privacy expert, offers a monthly column on privacy/security issues.
CAA TECH CORNER WITH DAN ALVAREZ
In his 11th feature dedicated to defining emerging trends in technology (in plain English), CAA board member Dan Alvarez explains how AI agents are used, what jobs they might threaten and what positions may be in even greater demand. The article is long (but easy to read and engaging), so it's in two parts.
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. Be sure to log in first.
Below: The "family photo" from the Chase Alumni Vienna luncheon at St. Johanns Club on September 15, 2026.
It finally felt like pre-pandemic days! More than 300 alumni attended the April 27th CAA reception so generously and graciously hosted by JPMorganChase at its new global headquarters at 270 Park Avenue.
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: Metal Bank in celebration of the “Union Dime Savings Bank 80th Anniversary,” ifrom the 1939-40 New York World's Fair. Union Dime Savings Bank was originally chartered in 1859 in New York City. By the time of bank deregulation in 1979 it was starting to suffer losses. With the direction of the Federal Deposit Insurance Corporation, it was acquired by Buffalo Savings Bank and, along with the New York Bank for Savings, became part of the renamed Goldome. In 1990, Manufacturers Hanover Trust bought $2.8 billion in deposits in 24 New York City branches for $27.7 million. By late 1991, Goldome failed, and its New York assets were sold to Manufacturers Hanover Trust and the East New York Savings Bank. (Wikipedia)
# We're always looking for ideas for:
We also invite alumni to share their upcoming (or very recent) milestone birthdays, ending in "0" or "5". (Please notify Andrea at news@chasealum.org close to your birthday, and if you're having a party, send a picture.)
Please send your story or story ideas to news@chasealum.org. As always, you can write something up, or Andrea can interview you and write it up for you.
MILESTONE BIRTHDAYS
 Are you approaching a milestone birthday – a number ending in a zero or a five? We want to help you celebrate! Please let Andrea know at news@chasealum.org. Celebration photos are welcomed.
IN MEMORIAM
 # Victor Reizman, who worked for Chase Manhattan in the United States and Panama in the 1960s and 1970s died at home in San Rafael, CA, on September 30, 2026. He was 88.
Stephen Jurcsek, a Hungarian immigrant who rose from working in Chase Manhattan's mail room to becoming a Vice President for Corporate Benefits, died on August 5, 2026. He was 87 and lived in Edison, NJ.
We are sorry to report that just five weeks later, on September 12, 2026, his wife of 62 years died. Grace Ann Jucsek joined Chase Manhattan immediately after graduating high school and became part of the bank’s newly established centralized typist pool. Her  accomplishments were recognized when she was featured in the bank’s 1965 annual report. The couple met at Chase and married in 1964.
She was active in her children's schools and took special joy in her 22 years of volunteer service with Catholic Scouting and received numerous awards in recognition of her dedication and hard work.
We send our condolences to their children, Chase alumni Steve and Tom Jurcsek.
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.
Here's a refresher on how to best use the 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. Narrow your search by typing in a location or job title.
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.
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 and newsletter archives, photo albums, 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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