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Hugh L. McColl Jr. (born 18 June 1935) is a fourth-generation banker [1] and the former Chairman and CEO of Bank of America. Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the ...
Dec 1, 2020 · By BusinessNC. 12/01/2020. Retired from Bank of America since 2001, Hugh McColl Jr., 85, has enjoyed great success with his McColl Partners and Falfurrias Capital investment firms, while serving as a leading philanthropist and Charlotte’s elder statesman.
Mar 27, 2023 · The Holding family’s expansion in banking is reminiscent of the rise of another “super” regional bank out of North Carolina, NCNB, under the leadership of Hugh McColl Jr., a former marine who...
Hugh L. McColl Jr. is co-founder and chairman emeritus of Falfurrias Group. Previously, he served as chairman and CEO of Bank of America. During his tenure with the bank, it grew 50-fold, expanding its offerings of financial products and services across the United States to become an industry leader in retail, commercial, corporate and ...
Apr 13, 2021 · Published April 13, 2021 at 9:00 AM EDT. Listen • 49:22. It’s been two decades since Hugh McColl stepped down as chairman and CEO of Bank of America. But the next chapter of McColl’s life...
Hugh L. McColl, Jr. NationsBank / Bank of America. 1983–2001. Industry: Finance. Era: 1980. McColl joined the precursor to NationsBank in 1959 and quickly progressed through the company. As CEO, he built NationsBank into the third largest bank in the country by 1995. He did so through the accumulation of close to 50 acquisitions.
Jan 25, 2023 · Hugh McColl Jr., who helped transform Bank of America into a financial giant before retiring in 2001, became a founding investor in the fintech after a business partner drew his attention to the Charlotte, North Carolina-based firm’s mission.
