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He was responsible for bringing in members of the Rockefeller family as investors in Chase National Bank. By 1918, Wiggin made Chase the fourth largest bank in the United States. [1] Wiggin became an important player on the world financial stage and in 1923 opened a Chase National Bank representative office in London, England which began ...
[14] [a] In 1932, he was chosen as chairman of the board and served in that role until March 31, 1955, when the Bank of the Manhattan Company merged with the Chase National Bank to form the second-largest commercial banking institution in the country. Baker became president and chairman of the executive committee of the merged institution ...
Chase branches in the contiguous U.S. in 2020. The company also operates in Hawaii (not shown on the map).. JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank headquartered in New York City that constitutes the consumer and commercial banking subsidiary of the U.S. multinational banking and financial services holding company, JPMorgan Chase.
By 1990, Chase bank was suffering from defaults on loans to real estate developers and less-developed countries. To settle that, the board looked to Labrecque to solve the issue and named him CEO and Chairman of the bank. In turning around the bank he divested the company's underperforming businesses and boosted profits in core divisions such ...
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Baker was married to Anna Mary Greene (1827–1903). Together, they were the parents of: [1] Stephen Baker (1859–1946), [2] who served as president and chairman of the board of the Bank of the Manhattan Company, the earliest predecessor of Chase Bank, and an associate of John D. Rockefeller Jr. [6] Baker married Mary Dabney Payson (1865–1948), a daughter of Francis Payson and sister of ...
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