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Ernesta Procope, the ‘First Lady of Wall Street’, Dies at 98

  • Founded E.G. Bowman Co., largest Black-owned U.S. insurer
  • Clients included American Express, JRJ Nabisco, Tiffany
Ernesta Procope in 1980.
Ernesta Procope in 1980.Source: Bettmann/Getty Images

Ernesta Procope, whose insurance company was greeted as the first Black-owned business on the boulevard of American finance when it relocated its office to Wall Street in 1979, has died. She was 98.

She died on Nov. 30 at her home in Queens, in New York City, according to the New York Times, citing her brother-in-law Frederick O. Terrell.