• Walter Shipley, Former Chase Manhattan Chairman, Dies at 83

    5 monthes ago - By Fortune

    Walter V. Shipley, former Chairman and CEO of what is now JPMorgan Chase , has died. He was 83.
    Shipley led both Chase Manhattan Bank and Chemical Bank for more than 40 years, engineering mergers with Texas Commerce Bank in 1987, Manufacturers Hanover in 1991 and Chase Manhattan Bank in 1995.
    The Newark, New Jersey, native began his career at the New York Trust Company in 1956, which was bought by Chemical three years later. He retired from Chase in 1999, a year before its acquisition of JPMorgan. It's now the largest bank in the U.S., with some $2.5 trillion in assets.
    "On Friday, the...
    Read more ...