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Former Bank of America CEO Hugh McColl's 'Chapter 2'


Published April 13, 2021 at 9:00 AM EDT
Listen • 49:22
It’s been two decades since Hugh McColl stepped down as chairman and CEO of Bank of America.
But the next chapter of McColl’s life hasn’t been what most people would term “retirement.”
He’s one of Charlotte’s most celebrated leaders. He’s a major philanthropist. He’s helmed firms McColl Partners and Falfurrias Capital Investment. He’s dabbled in cattle and fine art.
He’s had health concerns but hasn’t neglected the concerns of his community. He’s backed local politicians in recent elections and has dedicated himself to social justice issues and economic disparities. ....

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Keeping minority-owned businesses in Charlotte alive


Here s how large companies are helping minority-owned businesses in Charlotte
Minority-owned businesses in Charlotte now have a new chance to grow their business thanks to some of the city’s biggest names. They’ve formed a new investment firm.
Author: Michelle Boudin
Updated: 6:19 PM EST January 11, 2021
CHARLOTTE, N.C. Ron Leeper founded his Charlotte-based construction company thirty years ago.
It has been a constant struggle just getting access to capital, Leeper said. 
His company is so successful, that they’re currently working on a massive project renovating the Charlotte Convention Center. Still, he says getting access to the money he needed to grow his business over the last 30 years has been tough. ....

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James Mitchell goes from at-large city councilman to co-owner/president of Black business


James Mitchell goes from at-large city councilman to co-owner/president of Black business
Mitchell says in December he got a call from former chairman and CEO of Bank of America Hugh McColl about an exciting opportunity. (Source: Dedrick Russell/WBTV)
By Dedrick Russell | January 11, 2021 at 8:32 PM EST - Updated January 11 at 8:32 PM
CHARLOTTE, NC WBTV) - A 20-year politician, James Mitchell has now decided to resign his job as Charlotte city at-large councilman.
His resignation went into effect at 5 p.m. Monday.
Mitchell says in December he got a call from former chairman and CEO of Bank of America Hugh McColl about an exciting opportunity. ....

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