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#93: Bill Harrison, JPMorgan Chase Former Chairman & CEO—Preparing the Next Leader

How Leaders Lead with David Novak

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Chemical and Chase - The Beginning of the Consolidation of the Banking Industry

I started at Chemical and we merged with Manufacturers Hanover in 1991. We were the fourth and fifth largest banks in New York. That merger was not a great strategic vision, it was more merger of necessities. It became very clear that size and scale and leadership positions are going to be really valuable. Every time we advanced along that consolidation process, it made us feel more strongly our strategy was right.

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