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BUSINESS
August 31, 1993 | From Times Staff and Wire Reports
Visa USA Chief Executive Quits: H. Robert Heller resigned as president and CEO of the U.S. group of Visa International, saying he will pursue other interests. He was succeeded by Carl Pascarella, 50, president of the company's Asia Pacific division. Heller, 53, joined Visa in 1989 and was named president in 1991. Visa International is the world's largest credit card company, with more than 309 million cardholders worldwide, including 152 million in the United States.
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BUSINESS
August 31, 1993 | From Times Staff and Wire Reports
Visa USA Chief Executive Quits: H. Robert Heller resigned as president and CEO of the U.S. group of Visa International, saying he will pursue other interests. He was succeeded by Carl Pascarella, 50, president of the company's Asia Pacific division. Heller, 53, joined Visa in 1989 and was named president in 1991. Visa International is the world's largest credit card company, with more than 309 million cardholders worldwide, including 152 million in the United States.
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BUSINESS
November 3, 1988 | United Press International
Federal Reserve Governor H. Robert Heller warned the European Community on Wednesday against blocking full participation of U.S. banks in European banking after 1992. In 1992, the EC plans to implement complete financial and economic integration, but Heller told a Cato Institute conference, "There have been indications recently that the EC might impose a policy of reciprocity on banks from outside countries." Heller said that would mean a U.S.
BUSINESS
November 3, 1988 | United Press International
Federal Reserve Governor H. Robert Heller warned the European Community on Wednesday against blocking full participation of U.S. banks in European banking after 1992. In 1992, the EC plans to implement complete financial and economic integration, but Heller told a Cato Institute conference, "There have been indications recently that the EC might impose a policy of reciprocity on banks from outside countries." Heller said that would mean a U.S.
BUSINESS
May 13, 1986 | ROBERT A. ROSENBLATT, Times Staff Writer
H. Robert Heller, a Bank of America economist with no known inclination toward any particular brand of monetary policy, was nominated Monday by President Reagan for a seat on the Federal Reserve Board. Heller's speciality is international economics, an increasingly important policy area as the U.S. trade deficit is hitting annual records and the dollar is falling in comparison with other currencies.
BUSINESS
May 5, 1987
Federal Reserve Board Governor H. Robert Heller said the move would boost U.S. competitiveness in international markets. In a speech in Washington, Heller said U.S. banking regulators' current approach of moving on a case-by-case basis was too cumbersome. He said that restrictions on interstate banking hinder the ability of U.S. manufacturers to export goods while limits on bank holding company activities prevent U.S. banks from competing with overseas institutions.
BUSINESS
November 29, 1989 | From Times wire services
President Bush plans to nominate Assistant Treasury Secretary David W. Mullins Jr. to fill a vacancy on the Federal Reserve Board, an Administration source said today. Mullins, 43, one of the chief architects of the Administration's bailout bill for the savings and loan industry, has served in his current position since October, 1988. Before that he taught at the Harvard Business School. He was also the No.
NEWS
June 21, 1989 | From Times wire services
Federal Reserve Board Gov. H. Robert Heller announced today that he is resigning, effective July 31, citing the decision by Congress earlier this year to reject a pay increase for top federal officials. Heller, a Ronald Reagan appointee from California who served on the Fed board for three years, stressed that he is resigning for personal reasons and not because of any policy differences with the six other members of the Federal Reserve Board. "I certainly wouldn't go if pay wasn't an issue," he told reporters.
BUSINESS
May 13, 1986 | ROBERT A. ROSENBLATT, Times Staff Writer
H. Robert Heller, a Bank of America economist with no known inclination toward any particular brand of monetary policy, was nominated Monday by President Reagan for a seat on the Federal Reserve Board. Heller's speciality is international economics, an increasingly important policy area as the U.S. trade deficit is hitting annual records and the dollar is falling in comparison with other currencies.
BUSINESS
February 17, 1989 | From Associated Press
A Federal Reserve Board decision that for the first time penalizes a bank for failing to serve poor neighborhoods appears to signal a new willingness by regulators to enforce a 12-year-old law against such practices, community activists said Thursday. The Fed rejected a request by the Chicago-based Continental Bank Corp.
BUSINESS
May 12, 1988 | Associated Press
The Federal Reserve Board on Wednesday issued rules that require banks, savings institutions and credit unions to meet strict deadlines in making funds from check deposits available to customers. The new rules, effective Sept. 1, require financial institutions to give customers access to deposited funds within one, three or seven days, depending on the type of check deposited.
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