This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Chase Names Steve Walker National Head Of Core Middle Market Banking

Chase announced today that veteran banker Steve Walker has been named national head of Core Middle Market Banking, which serves companies with annual revenues between $20 million to $500 million. He previously ran Core Middle Market Banking in the Southeast and West regions.

The Middle Market Banking group represents nearly half of the firm’s Commercial Banking business and consists of two segments – Core Middle Market Banking and Government, Not-For-Profit and Healthcare (GNPH) banking. It serves more than 21,000 clients and contributed $3.3 billion to Commercial Banking’s total revenue of $6.8 billion last year.

In this newly created role, Walker will oversee 1,600 employees who serve mid-sized companies from 125 offices in 29 states, plus Washington, D.C. He will partner with Patrice DeCorrevont who manages GNPH banking.

“Since joining the firm, Steve has continuously proven his commitment to our local delivery model and played a critical role in building out our business in the Southeast and West expansion markets,” said Doug Petno, chief executive officer of Chase Commercial Banking. “His leadership and strong risk management skills will help position Middle Market Banking for success as we continue to grow.”

During the last several years, Chase has expanded its Middle Market Banking business into 22 new major metropolitan areas across 13 states, plus Washington, D.C. In addition, Chase grew its middle market loan balances for the 11 th consecutive quarter to a record $50 billion, up 14 percent from the prior year.

A 36-year banking veteran, Walker spent the majority of his career with Chase and its predecessors. He joined predecessor Texas Commerce Bank in 1976 where he was a commercial banker and manager for 11 years. He went on to run Commercial National Bank in Louisiana as CEO for 11 years before rejoining Chase predecessor Bank One in 2000 as market president of northern Louisiana. Since then, he has held a number of management roles at Chase and helped build its Middle Market Banking business in the Southeast and West when the bank acquired Washington Mutual in 2008.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 0.00%
FB $117.81 0.00%
GOOG $701.43 0.00%
TSLA $211.53 0.00%
YHOO $36.94 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs