Banking’s merger meister

Chase: Back in the bulge-bracket

Chase: Back in the bulge-bracket

The legacy of Tom Labrecque

You have had a lot of experience with bank mergers. What is the biggest lesson you’ve learnt from them?

I learned a lot 40 years ago when I was involved in the merger of the New York Trust Company and Chemical. I worked for New York Trust and this was clearly a takeover by Chemical. I was working in the credit department at the time, and before long all my role models were gone.

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