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First National Bank of Chicago
(redirected from First Chicago Bank)

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First National Bank of Chicago 

a major private bank in the USA, founded in 1863. Together with Continental Illinois Corporation, which held assets of $19.5 billion in 1975, the bank forms the nucleus of the Chicago financial group. The bank’s directors are the leaders of some of the largest industrial enterprises in Chicago, such as Inland Steel Company, International Harvester Company, Caterpillar Tractor Company, and the Commonwealth Edison Company. The bank has six branches in the USA and approximately 50 branches and subsidiary banks abroad. As of July 1, 1976, the bank’s total balance was $17.7 billion, capital and reserves were $800 million, deposits and current accounts totaled $13.4 billion, and loans amounted to $10.6 billion.



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She has also worked at Morgan Stanley, Bankers Trust, and First Chicago Bank, where she gained a broad range of experience in marketing and executing over-the-counter derivatives transactions.
Through the first three quarters of 1997, First Chicago Bank originated more than 1,200 "Community Pride" loans, totaling $25 million.
Maria Magallon's daughter, Sandra Magallon, a 24-year-old marketing analyst with First Chicago Bank, also was raised in a home where she was encouraged to learn both English and Spanish.
 
 
 
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