The New Chemical Bank Surprises Skeptics Trading Gains Outshine Individual Efforts

BANKS

The new Chemical Bank's foreign exchange operation has surprised industry skeptics, many of whom doubted the merged operation could outperform the two banks' independent operations. In addition, the perception of the bank in the marketplace has improved dramatically. In two recent polls, Chemical ranked second only to Citibank, the reigning market king.

"There's no question that the way the bank is viewed in the financial world right now is not the same as the institution or institutions that we

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