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Richard Capalbo

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BUSINESS
June 22, 1990 | NANCY RIVERA BROOKS
Richard J. Capalbo, chairman and chief executive of Bateman Eichler, Hill Richards regional brokerage, has resigned to pursue other interests and has been replaced by Allan L. Sher, former vice chairman of Drexel Burnham Lambert. Industry insiders had speculated that Capalbo was not long for Bateman since Chicago-based Kemper Corp.
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BUSINESS
June 22, 1990 | NANCY RIVERA BROOKS
Richard J. Capalbo, chairman and chief executive of Bateman Eichler, Hill Richards regional brokerage, has resigned to pursue other interests and has been replaced by Allan L. Sher, former vice chairman of Drexel Burnham Lambert. Industry insiders had speculated that Capalbo was not long for Bateman since Chicago-based Kemper Corp.
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BUSINESS
May 31, 1990 | KATHY M. KRISTOF, TIMES STAFF WRITER
Kemper Corp., the parent of Los Angeles-based Bateman Eichler, Hill Richards Inc., added its name to the long and growing list of companies that are paring their brokerage operations to cope with the continuing slowdown in the securities industry. Kemper, which owns five regional brokerage houses with 5,200 employees, said it will lay off 600 workers and take a $126.
BUSINESS
May 31, 1990 | KATHY M. KRISTOF, TIMES STAFF WRITER
Kemper Corp., the parent of Los Angeles-based Bateman Eichler, Hill Richards Inc., added its name to the long and growing list of companies that are paring their brokerage operations to cope with the continuing slowdown in the securities industry. Kemper, which owns five regional brokerage houses with 5,200 employees, said it will lay off 600 workers and take a $126.
BUSINESS
January 28, 1988
A veteran marketing expert from the Drexel Burnham Lambert investment firm in New York has been appointed chairman, president and chief executive of Bateman Eichler, Hill Richards Inc., the largest Los Angeles-based securities firm. Richard J. Capalbo, director of marketing at Drexel for the past 12 years, will replace John R. Bolin, 50, who in December was named president and chief executive of the broker-dealer division of Bateman's parent, Kemper Financial Cos.
BUSINESS
August 29, 1988 | CARLA LAZZARESCHI, Times Staff Writer
Citing a pressing need to improve its services, Bateman Eichler, Hill Richards has fired about 30 poorly producing brokers, executives of the Los Angeles brokerage confirmed Sunday. Norman Mains, senior vice president, said the dismissals last week were the first of a new "Making Room for Excellence" campaign initiated by recently installed chairman Richard J. Capalbo. Mains said there could be additional dismissals of poorly performing workers in other sections of the company.
BUSINESS
April 3, 1989
It's nearly noon on Saturday, the grocery cart is filled and you're finally in line at the checkout counter. The kids--who have been up since 5:30 a.m.--are ready to snap, and you're bracing for an unpleasant scene when they come face to face with their favorite treats. But instead of chocolate, candy and gum, some are finding crayons, flash cards, books and magazines.
NEWS
October 7, 1993 | MARY LOU LOPER
A Delta Queen paddle-wheel riverboat, complete with smoke wafting from its stack, decorated the river dock backdrop for the Long Beach Cancer League's "Evening of Southern Splendor" at the Long Beach Hilton last weekend. The surrounding New Orleans French Quarter ambience turned the city's benevolent into a mass of wheeler-dealer high rollers for the league's 19th annual auction. Says Frani Ridder,"Every figure isn't yet in, but we hope for a $350,000 gross and a $275,000 net."
BUSINESS
February 29, 1988 | BILL SING
In the 1950s and before, they dominated the Southern California brokerage scene. But now they are overshadowed, having lost market share as a group to larger, better capitalized intruders from New York in what is arguably the nation's most intensely competitive market outside the Big Apple. They are the Los Angeles-based regional brokerages. And like regionals in other parts of the country, they are surviving--and in some cases thriving--by not trying to be everything to everybody.
BUSINESS
March 7, 1990 | TOM PETRUNO
Los Angeles brokerage Bateman Eichler, Hill Richards Inc. isn't wasting much time in capitalizing on the troubles of some of its Wall Street competitors. As Drexel Burnham Lambert dissolves, Shearson Lehman Hutton reels from internal problems and Merrill Lynch and other firms cut staff, Bateman is hiring: It will add about a dozen professionals over the next month or so, Bateman Chief Executive Richard Capalbo said Tuesday.
BUSINESS
October 17, 1988 | BILL SING, Times Staff Writer
The Los Angeles regional brokerage firm of Bateman Eichler, Hill Richards has not exactly enjoyed a sterling reputation in the securities industry in recent years. While it was known as the biggest and most recognizable of Southern California regionals, it was not considered to have a strong stock research or investment banking operation--thought of as essential in attracting pension funds, corporations and other lucrative institutional clients. The firm also was losing as much as $1.
NEWS
March 12, 1989 | MARY LOU LOPER, Times Staff Writer
The cabaret curtain will part revealing the gates of heaven. That's because the Footlighters are angels. In the past decade alone they have raised more than $1 million for charity. They kick up their heels each year in a fund-raising cabaret. Now that they're celebrating their 50th anniversary, little surprise they've opted for the theme, "Heaven Sent" for their Cabaret Ball on Saturday.
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