Hugh McColl Net worth 2024 (estimated)
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Hugh McColl facts
- McColl Jr
- (born 18 June 1935) is a fourth-generation banker 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 first ocean-to-ocean bank in the nation's history
- " Tony Plath, director of banking studies at the University of North Carolina at Charlotte, described this transformation in 2005 as "the most significant banking story of the late 20th century
- " In 2012, polemicist Matt Taibbi described the transition as "a cartoonish arms race of bank acquisitions that would ultimately turn the American business world upside down
- " As a young man, McColl along with a colleague had envisioned creating the first truly national bank with branches from coast to coast
Bio / wiki sources: Wikipedia, accounts on social media, content from our users.
Wiki & wealth sources: Wikipedia, TMDb, social media accounts, users content, wealth specialized websites
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