Business Services Industry
Exec to boot up Harris' expanded online brokerage efforts.(Bruce S. Schwenger and Harris Bankcorp Inc.)(Brief Article)
Crain's Chicago Business, January, 2002
It's been just more than a year since Bruce S. Schwenger arrived in Chicago from Toronto as the head of Harris Bankcorp Inc.'s modest online brokerage unit. With the size of Harris' online business poised to quadruple after corporate parent Bank of Montreal's pending acquisition of Credit Suisse First Boston Corp.'s online brokerage unit, Mr.
Schwenger is a man on the spot. He will be a key figure in making the $520-million deal pay off. ``We've been working on the acquisition trail now for 21/2 years,'' says Mr. Schwenger, 52, CEO of Harris InvestorLine Inc. ``We (originally) felt we could be this size in about five years.'' Once the deal closes, which is expected in the next month or so, Harris InvestorLine will have about 850,000 active customer...
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