Chase Manhattan Promotes Currency Overlay Management

BANKS

Chase Manhattan Bank's global markets division has begun marketing its services as a currency overlay manager worldwide through a New York-based subsidiary called Chase Manhattan Global Trading Strategies (GTS). The group's marketing manager, Kelly Mathieson, says it is targeting the bank's global FX client base.

According to Mathieson, Chase has been running three proprietary FX trading funds for its own and clients' money for two years under the auspices of the subsidiary, which does not sh