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Oct 23, 2017 · The Man Who Built Charlotte. Hugh McColl — always brash, bold, and thinking big — reshaped the banking industry in the United States, and turned a medium-size city into a metropolis. And he’s not done yet. by Jeremy Markovich. 1981: Charlotte’s banking boom begins.
Aug 5, 2017 · McColl is a legend in the bank industry. Here’s what the 82-year-old former bank executive thinks about it today. A Conversation With Hugh McColl, the Former CEO of Bank of America | The Motley...
Dec 25, 2017 · Hugh McColl’s Last Great Investment. The ex-Bank of America chief is dedicated to improving the plight of black people in his hometown. He started by helping a young black protester reach the...
Aug 5, 2017 · Hugh McColl: When I started in 1959, the average bank made between 8% and 10% return on equity. That was because banks were conservatively capitalized with about $10 of capital for every $100 of ...
Aug 24, 2023 · The 88-year-old McColl has founded six companies, by his best count, since retiring 22 years ago. But he’s also taken on an unofficial role as adviser, friend and mentor to the next generation of leaders, including Red Ventures CEO Ric Elias.
Aug 27, 2015 · The former CEO and chairman of Bank of America (NYSE: BAC) retired from the country’s largest bank 14 years ago, but he hasn’t exactly been taking it easy. He’s worked on six businesses ...
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.
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