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Chase Manhattan Corporation - Definition and Overview |
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The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank.
During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque.
In 1996, it merged into Chemical Banking Corporation, which assumed the Chase Manhattan name though it continued to be run from the headquarters building Chemical had taken over with Manufacturers Hanover Corporation by Chemical Chairman and CEO Walter V. Shipley with Labrecque as one of his top deputies.
On December 31, 2000, the "new Chase" merged with J.P. Morgan & Co. to form J.P. Morgan Chase & Co.
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