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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.
Dec 3, 2020 · Dec 3, 2020. 0. Hugh McColl comfortably eased into the role of Charlotte’s corporate elder statesman, a role he came by honestly. Nearly a decade passed after Hugh McColl’s retirement...
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 5, 2017 · Current Price. $37.66. Price as of April 22, 2024, 1:43 p.m. ET. McColl is a legend in the bank industry. Here’s what the 82-year-old former bank executive thinks about it today. You can count ...
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 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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