Word: mccloy
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Dates: during 1950-1959
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...skyscrapers currently under construction) has bypassed almost completely the Wall Street financial district at the island's tip. Last week the Street, which has financed much of the uptown modernization, turned to do something about its own grimy buildings and dark canyons. Chase Manhattan Bank Chairman John J. McCloy announced tentative plans to construct a $75,000,000 downtown Rockefeller Center type of development: a 50-to 60-story Chase Bank headquarters flanked by a broad, tree-lined plaza and a 1,000-car garage...
...bankers support the merger trend, they are aware of the theoretical dangers to competition. But few of them feel that competition is being hurt-yet. The indications are just the opposite; mergers have made more banks than ever capable of competing. Said Chase Manhattan's Chairman John J. McCloy before the House Antitrust Subcommittee: "Any attempt to hold banks in a static mold, impervious to the dynamic forces reshaping the rest of society, would be to render them less useful and gradually impotent...
Reischauer's constant shuttles to and from the capital were almost a commuter's nightmare. After another year back at Harvard, he returned to Washington by direct agreement between President Conant and John J. McCloy of the War Department, where he taught a special language program for a year. It was difficult for a civilian to make his force felt, so that when he again found himself in Washington, he made certain it was as a commissioned officer. He never let military etiquette bother him, though: "I didn't know how to salute, or anything like that. There were always...
Chase Chairman John J. McCloy is to be the new bank's chairman, the Bank of the Manhattan Co.'s Chairman J. Stewart Baker president and head of the executive committee. The merger will not only give the new bank more branches (87 in New York, 17 abroad) but it will enable Chase Manhattan to make bigger loans than either bank could make separately...
...John J. McCloy, former U.S. High Commissioner to Germany, Senator Paul H. Douglas (D-Fl.) and Senator Ralph H. Flanders (R-Vt.) have spoken in the past. Last year Adlai B. Stevenson drew a crowd of 2,000 to Sanders Theater...