August 21, 2016 |
Two days after Linda Roehner graduated from high school, she started at Hatboro Federal Savings as a teller. Now Roehner, who will turn 55 on Wednesday, runs the place as president and chief executive. "You name it. I did it," she said. "Teller, accounting, loan servicing. " What's it like to be the president of a bank where you started as a teller? It's rewarding. It's nice to know that the board saw my hard work and achievements and rewarded me. It must be inspirational to the tellers.
January 31, 2016 |
Richard B. Lieb, 67, of Valley Forge, director and former executive vice president of SEI Investments in Oaks, died in his sleep Monday, Jan. 25, in San Francisco, where he had been visiting his son. The cause of his death was not immediately known pending an investigation, the San Francisco Medical Examiner's office said. Mr. Lieb was born in Boston and grew up working in his family's delicatessen in Belmont, Mass. He received a bachelor's degree in history from Duke University, where he developed a lifelong passion for Duke basketball.
November 11, 2015 |
Prospect Medical Holdings Inc., which is negotiating a final deal to acquire Crozer-Keystone Health Systems, said Monday it hired investment bank Morgan Stanley "to help review and assess possible additional sources of investment into the company's overall growth strategy. " Prospect, which buys financially struggling health systems, said it often receives inquiries from potential investors. "We believe that this interest by the investment community in Prospect is a very positive sign that the company is on the right track.
September 19, 2015 |
Hugh McBirney Johnston III, better known as Barney, loved adventure, and so lived in its pursuit. He ran with the bulls in Pamplona, spent time as a roughneck on a Louisiana oil rig, climbed Mount Rainier and the Matterhorn, jumped from planes in the Army Reserve, camped and wrangled in the American West. "He had fun with his life," said his wife, Louise Johnston. "And the more daring it was, the better. " Mr. Johnston, 77, a Gladwyne resident who paid his way as an investment banker, died Aug. 23, of pancreatic cancer.
June 30, 2015 |
The stories that Bruce A. Mahon told about combat, when he was an infantry officer during the Korean conflict, "were amazing," his daughter Katharine Krassan said. But one, without a moment of combat, was no less striking. "It was just before the war was about to end," she said, "and the soldiers knew that the war was about to end. " Still, they had to go out on their nightly patrols. One night, Mr. Mahon and his infantrymen "were going down this hill, and the North Koreans were going down the other hill," she said.
June 29, 2015 |
Elizabeth Elmore, 67, of Rydal, a leading Philadelphia banker and advocate for women, died Monday, June 15, of brain cancer, at her home. In 2002, Mrs. Elmore retired early from Wells Fargo Bank, where she served as senior vice president and managing director, to transform her part-time volunteerism into a full-time commitment. For many years, she led organizations that support women and families in underserved communities. Her belief in women's independence was an attitude fostered by her father, who encouraged his daughters to pursue work in fields outside the norm for women, said her husband, Michael Grimes.
June 2, 2015 |
When a self-described cabal repeatedly engages in what the attorney general calls "brazenly illegal behavior" and pleads guilty to criminal acts, it is reasonable to expect its members will get some jail time. But not in the paradoxical world ruled by mega banks and paralyzed by fears that being too harsh with banks deemed too big to fail might implode the economy. Consequently, JPMorgan Chase, Barclays, Citigroup, and the Royal Bank of Scotland, which recently pleaded guilty to conspiring to manipulate international currency markets, will collectively pay only $5.7 billion in state, federal and foreign fines for a scam that ran six years and netted them $85 billion.
May 10, 2015 |
Harris Coles Aller Jr., 87, of Bryn Mawr, a retired banking and trust officer, died Friday, April 17, at Beaumont at Bryn Mawr after a two-year battle with esophageal cancer. Mr. Aller retired in the early 1990s as a trust officer with the Fidelity Philadelphia Trust Co. He started in the remittance department and worked in personnel and other areas over the next 35 years. Active in professional and civic organizations, he held numerous leadership positions that drew on his ability to connect with those around him and tell a funny story, his family said in a tribute.
March 15, 2015 |
Anthony D. Paranzino, 76, of Ambler and Wildwood Crest, a retired banker and real estate developer, died Thursday, March 5, of kidney disease at Shady Grove Medical Center in Rockville, Md. He had moved to Rockville to be near his children. Mr. Paranzino began his career with Bell Savings Bank. He then joined Girard Trust Co. and quickly rose to become one of its youngest officers, opening the bank's Olney office as branch manager. His skill as a lender led him into commercial real estate development and project finance as vice president of George K. Heebner Inc., and ultimately to running his own commercial real estate development firm, Anthony & Alan Construction, with a business partner.
February 23, 2015 |
In the late 19th century, when thousands of Italian immigrants were pouring into South Philadelphia to make their fortunes, Seventh Street was transformed into a bustling bankers row. By 1897, there were 25 rowhouse-size banks between Bainbridge and Washington Avenues, all competing to provide newcomers with loans, money transfers, even railroad and steamship tickets. The immigrant bankers soon began erecting more substantial buildings, typically on corners where they would have maximum visibility.