Hugh Mc Coll

Hugh Mc Coll

Hugh L. McColl Jr. (born 18 June 1935) is a fourth-generation banker and the former Chairman and CEO of Bank of America. 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" — a transformation that Tony Plath, director of banking studies at the University of North Carolina at Charlotte, called "the most significant banking story of the late 20th century."

As a young man, McColl along with a colleague had envisioned creating the first truly national bank with branches from coast to coast.

Read more about Hugh Mc Coll:  Early Life, NCNB, Nationsbank and Bank of America, Later Work, Philanthropy, Civic Vision, Rick Hendrick Pardon, Personal, Awards and Honors

Famous quotes containing the word hugh:

    Thou shalt not kill; but need’st not strive
    Officiously to keep alive.
    —Arthur Hugh Clough (1819–1861)