Max C. Chapman

Last updated

Max Carrol Chapman Jr. was the President and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. He also served as President and Chief Operating Officer of the parent company.

Contents

Early life and career

Chapman obtained a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill in 1966 and a Master of Business Administration from Columbia Business School in 1969 as a starring member of the UNC football team. [1]

Following graduation from business school, he joined Kidder, Peabody, & Co. There, he founded the Financial Futures Department and co-founded the High-Yield Bond and Merchant Banking Group. [2]

In 1987 he was elected as the President and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. At the same time, he was also elected as President and Chief Operating Officer of the parent company. He currently owns many properties and companies throughout the United States, including the Brooks Lake Lodge, Snow King and Spa in Jackson Hole, Wyoming. In 1989, he joined Nomura Securities, where he served as the Chairman of Nomura Holding America Inc., Managing Director of the Nomura Securities Co., Ltd., and Chairman of Nomura Europe Holding plc. [3]

Philanthropy

Chapman donated $5 million to the University of North Carolina at Chapel Hill to build a new building, which was named Chapman Hall in his honor. [4]

Related Research Articles

In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and derivatives trading process.

<span class="mw-page-title-main">Nomura Securities</span> Japanese financial services company

Nomura Securities Co., Ltd. is a Japanese financial services company and a wholly owned subsidiary of Nomura Holdings, Inc. (NHI), which forms part of the Nomura Group. It plays a central role in the securities business, the group's core business. Nomura is a financial services group and global investment bank. Based in Tokyo, Japan, with regional headquarters in Hong Kong, London, and New York, Nomura employs about 26,000 staff worldwide; it is known as Nomura Securities International in the US, and Nomura International plc. in EMEA. It operates through five business divisions: retail, global markets, investment banking, merchant banking, and asset management.

<span class="mw-page-title-main">Nomura Holdings</span> Financial holding company

Nomura Holdings, Inc. is a financial holding company and a principal member of the Nomura Group, which is Japan's largest investment bank and brokerage group. It, along with its broker-dealer, banking and other financial services subsidiaries, provides investment, financing and related services to individual, institutional, and government customers on a global basis with an emphasis on securities businesses.

<span class="mw-page-title-main">Drexel Burnham Lambert</span> Former American investment bank

Drexel Burnham Lambert Inc. was an American multinational investment bank that was forced into bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, it was a Bulge Bracket bank, as the fifth-largest investment bank in the United States.

Banc of America Securities LLC (BAS), was the investment banking subsidiary of Bank of America until it was merged with Merrill Lynch after that firm's acquisition in 2008 to become Bank of America Merrill Lynch. Headquartered in New York City, the company competed in both the domestic and international equity and investment banking markets.

Jefferies Group LLC is an American multinational independent investment bank and financial services company that is headquartered in New York City. The firm provides clients with capital markets and financial advisory services, institutional brokerage, securities research, and asset management. This includes mergers and acquisitions, restructuring, and other financial advisory services. The Capital Markets segment also includes its securities trading and investment banking activities.

PaineWebber & Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48 Congress Street in May 1881. The company was renamed Paine, Webber & Co. when Charles Hamilton Paine became a partner. Members of the Boston Stock Exchange, in 1890 the company acquired a seat on the New York Stock Exchange. Wallace G. Webber retired after the business weathered a major financial crisis of 1893.

<span class="mw-page-title-main">Joseph J. Grano Jr.</span> American businessman

Joseph J. Grano Jr. is an American businessperson.

Kidder, Peabody & Co. was an American securities firm, established in Massachusetts in 1865. The firm's operations included investment banking, brokerage, and trading.

RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets and RBC Wealth Management.

<span class="mw-page-title-main">Oppenheimer Holdings</span> American multinational independent investment bank

Oppenheimer Holdings Inc. is an American multinational independent investment bank and financial services company offering investment banking, financial advisory services, capital markets services, asset management, wealth management, and related products and services worldwide. The company, which once occupied the One World Financial Center building in Manhattan, now bases its operations at 85 Broad Street in New York City.

Walter Royal Davis was a Texas oil tycoon and philanthropist originally from Elizabeth City, North Carolina. He was also an influential figure in state politics and higher education. Davis Library, the main library at the University of North Carolina at Chapel Hill since it opened in 1984, is named for him, he having been a trustee at the university for 16 years. He died at his home in Chapel Hill, North Carolina, at the age of 88. He also had a home in Midland, Texas.

<span class="mw-page-title-main">Shearson</span> Series of investment banking and retail brokerage firms

Shearson was the name of a series of investment banking and retail brokerage firms from 1902 until 1994, named for Edward Shearson and the firm he founded, Shearson Hammill & Co. Among Shearson's most notable incarnations were Shearson / American Express, Shearson Lehman / American Express, Shearson Lehman Brothers, Shearson Lehman Hutton and finally Smith Barney Shearson.

Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.

Sadeq Sayeed is a prominent Pakistani-born banker and businessman, known for his role behind Nomura's acquisition of the Europe, the Middle East and Africa (EMEA) businesses of Lehman Brothers in Oct 2008.

Arnhold and S. Bleichroeder was a New York-based investment bank, originally formed in Germany by 1931 by merger of Arnhold Brothers and S. Bleichröder and relocated to the United States in 1937. It remained as a fund management company under the control of the Kellen and Arnhold families until December 2015, when majority ownership was sold to the Blackstone Group LP and Corsair Capital LLC, led by Simpson Thacher & Bartlett.

<span class="mw-page-title-main">CertusBank</span>

CertusBank, N.A. was a full-service, nationally chartered bank, with a presence in twelve U.S. states. Headquartered in Greenville, South Carolina, with secondary corporate offices in Atlanta, Georgia and Charlotte, North Carolina, at its peak the bank operated more than 30 retail branches in The Carolinas, Florida, and Georgia. CertusBank, N.A. was a subsidiary of CertusHoldings, Inc. headquartered in Atlanta, Georgia and was created by former executives from Bank of America and Wachovia. The bank elected to go into liquidation in 2015. Creditors sued, and accepted a final settlement in 2017.

Clemmie Dixon Spangler Jr. was an American billionaire businessman, and the owner of National Gypsum. On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion. He was president of the University of North Carolina from 1986 to 1997.

Theodore F. Craver Jr. is an American business executive. He is the retired chairman, president and chief executive officer (2008–2016) of Edison International, a public utility holding company listed on the New York Stock Exchange with $13 billion in revenues and $57 billion in assets.

Cambridge Investment Research Incorporation is a United States-based broker-dealer and asset management firm headquartered in Fairfield, Iowa. The company was founded in 1981 and mainly works as a broker-dealer, but also manages investment assets through its subsidiary Cambridge Investment Research Advisors Inc.

References

  1. "Max Chapman, Distinguished Service Medal Citation - UNC General Alumni Association".
  2. "Homepage | FIA".
  3. "Max Chapman | Panache Privée". Archived from the original on 2011-08-24. Retrieved 2011-02-22.
  4. "Max Chapman, Distinguished Service Medal Citation - UNC General Alumni Association".