Chase Deems Merger A Success Story After First Full Year Of Combined Trading

BANKS

A year after the mega-merger between Chemical Bank and Chase Manhattan Bank, which brought together two of the world's largest forex trading institutions (FXW, April 15), officials paint a picture of a successful first 12 months and express optimism for the upcoming year.

"From a business perspective, I would say that this has been a tremendous opportunity for us," says David Puth, Chase's head of foreign exchange and the interest rate management group (IRMG) in New York. "Certainly, it far e

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