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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 ...
Apr 13, 2021 · See stories by Wendy Herkey. Hugh McColl is often credited as being responsible for the creation of modern-day Charlotte and one of the biggest banks in the country, Bank of America. He'll be...
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 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...
Feb 28, 2020 · NPR's Steve Inskeep talks to Hugh McColl, ex-Bank of America CEO, about why he favors Mike Bloomberg for president, and where his vote will go if Bernie Sanders clinches the Democratic...
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 ...
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 ...
