Word: chases
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...summer of the great.400 chase, Milwaukee's Cecil Cooper goes unnoticed. While George Brett flirts with the magic mark, Cooper flirts with anonymity, quietly amassing statistics which place him alongside Brett as the league's most consistent hitter...
David Rockefeller owns 1.7% of Chase Manhattan and is the largest individual shareholder of what is known along Wall Street as David's Bank. During 32 years at Chase, Rockefeller, the youngest of John D. Rockefeller's six grandchildren, floated effortlessly to the top, without ever having made a single loan or spent time as a teller...
Rockefeller's management of the bank in the 1960s and early '70s shocked New York financiers. Says one Wall Street analyst: "He ran Chase like an exclusive club. Bank officers tended to worry more about how many oils from the Chase art collection they had on their walls than about profits." Insiders complained that top managers seemed to be chosen for their tailoring and the virile timbre of their voices rather than for their administrative skills or financial savvy. Rockefeller appeared to be off frequently, polishing his reputation as a world statesman by visiting Yugoslavia's late...
Return on assets slumped to a miserable 33? per $100. In 1975 the Comptroller of the Currency described the state of the Chase back-office operations like check-clearing services as "horrendous." And the bank suffered a series of heavy losses, including $50 million when the department-store chain W.T. Grant went bankrupt in 1976. That year the bank's bad loans reached a staggering $1.9 billion...
...past three years, however, operations were automated, and Chase introduced such innovations for its customers as bill paying by phone and computerized tellers in some of New York's busiest stores. A group of new executives was recruited to replace some of the about 600 who had been fired. Lackadaisical loan officers became aggressive, and in August Chase led the Eurodollar market by participating in 46 major syndicated loans totaling $1.7 billion...