The Chase Manhattan Bank, now part of JP Morgan Chase, was formed by the merger of the Chase National Bank and the Bank of chasebank the Manhattan Company in chase bak 1955.
The Bank of the Manhattan Company had been founded in 1799 by Aaron Burr, and Chase chas bank National Bank (formed in 1877) was named for former United chase bank States Treasury Secretary and Chief Justice Salmon P. Chase, although Chase never chase manhattan bank had any connection with the latter entity.
A Chase Bank location in Austin, Texas across from the University of Texas at chase bank online Austin
The Chase National Bank was a leading wholesale bank in the chase bank locations 1920's and it acquired a number of smaller banks through jp morgan chase bank its Chase Securities Corporation. Its most significant acquisition though was the jpmorgan chase bank Equitable Trust Company of New York in 1930, the largest stockholder chase banks of whom was John D. Rockefeller Jr. This made it the largest bank in chase bank credit card America and indeed the world.
At the time chase bank visa gift cards of the later 1955 merger, Chase National - which members of the Rockefeller family still exercised chase manhatten bank strong influence over - was led by a family associate and lawyer, John J. McCloy. The merged entity chase manhattan bank usa overtook its principal competitor National City chase bank secured credit card Bank of New York, now Citibank, to become chase bank of texas again America's largest bank at that time.
As Chase was much the larger bank, chase bank usa it was first intended that Chase acquire the "Bank of Manhattan", as it was nicknamed, but it chase bank one transpired that Burr's original charter for the Manhattan Company had not only chase bank credit cards included the clause allowing it (originally a water company) bank card chase credit secured to start a bank with surplus funds, but another requiring unanimous consent of shareholders chase bank student loans for the bank to be taken over. Therefore, the deal was chase bank online banking structured as an acquisition of Chase National by the Bank of fox chase bank the Manhattan Company, with McCloy becoming chairman of the merged entity.
Under his successor, George Champion, the chase bank one credit card antiquated 1799 state charter was relinquished for a modern one, and under his later successor, David Rockefeller, bank card chase credit one payment the bank became part of a bank holding company, the Chase j p morgan chase bank Manhattan Corporation.
The subsequent merger of The Chase Manhattan technology news wireless chase bank rolls out contactless Corporation and J.P. Morgan & Co. Incorporated was chase manhattan bank location completed in December 2000 - the merged company was renamed JP Morgan Chase & Co. (also referred chase bank .com to as JPMorgan Chase). The bank chase bank automotive finance also acquired Bank One in the year 2005 and is now the chase manhattan bank locations in new york second largest credit card issuer in the US after Bank of America.
In July 2006, Chase sent letters to consumers advising that data automotive bank chase finance tapes had been lost or misplaced that contained private information bessie m bowles trust in chase manhattan bank new york regarding their Circuit City accounts. The company offered free chase bank account one year enrollment in their "Credit Protection" service as chevy chase bank automotive finance division compensation for the considerable risk to which their customers had chase bank auto loan been exposed.
- The Chase: The Chase Manhattan Bank, N.A., 1945-1985, John chase bank location Donald Wilson, Boston: Harvard Business School Press, 1986.
- Memoirs. David Rockefeller, New York: Random House, 2002.
- The Chairman: John J. McCloy - The chase bank mortgage Making of the American Establishment, Kai Bird, chase bank visa New York: Simon & Schuster, 1992.
- Don't cash that check! It's a scam: chase manhattan bank home page Banks team up with questionable marketers to chase manhattan bank new york ny take your money (http://www.msnbc.msn.com/id/15104735/)
- An Evolutionary View of new york chase manhattan bank Internationalization: Chase Manhattan Bank, 1917 to 1996. A Financial Institutions Center study (pdf) completed in 2002.
Categories: chase bank credit card services Defunct banks of the United States | Rockefeller family | 1955 establishments | chase manhattan bank headquarters new york city 2000 disestablishments