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    The biggest recent change was the acquisition of C.I.T. Financial Corporation, which overnight gave Manufacturers Hanover a big, new clientele of small-business borrowers and a hefty new ...

  3. J.P. Morgan Chase & Co. -- Company History

    Both Manufacturers Trust and Central Hanover grew through a slew of mergers and acquisitions, until the two banks joined forces in 1961 as the Manufacturers Hanover Trust Company. This bank became a subsidiary of a newly formed bank holding company, Manufacturers Hanover Corporation, in 1969. Late 1990s: Consolidation and Further Takeovers

  4. Key Mergers of JPMorgan Chase | SpringerLink

    In the year 1991, Chemical Banking Corp. merged with Manufacturers Hanover Corp., keeping the name Chemical Banking Corp., which was then the second largest banking institution in the United States. In the year 1995, First Chicago Corp. merged with NBD Bancorp Inc. to form First Chicago NBD Corp., which was one of the largest banking company ...

  5. Manufacturers Hanover Corporation has transformed the processes in which the companys. strategies are implemented. In order to create the shareholders value (or profits), the company. must seek to increase revenue and reduce expenses through various perspectives: financial, customer, internal-process, and learning-and-growth.

  6. Chase (bank) - History - Merger With Chemical, J.P. Morgan

    Merger With Chemical, J.P. Morgan. In July 1996, Chemical Bank of New York purchased Chase Manhattan Bank. Chemical's previous acquisitions included Manufacturers Hanover Corporation, in 1991, and Texas Commerce Bank, in 1987. Although Chemical was the nominal survivor, the merged company retained the Chase name since it was better known ...

  7. Manufacturers Hanover Corp. Thursday announced a major ... -UPI

    NEW YORK -- Manufacturers Hanover Corp. Thursday announced a major reorganization of its banking operations into five segments that it said will enable it to 'realize substantial management and ...

  8. Dometila Andres v Manufacturers Hanover and Trust Corp, CA GR No. L- 9/15/ Facts of the case: Facets was a US based company that is doing business with Irene’s Wearing Apparel, the latter is operated by Dometila Andres.


    LATE last month, John F. McGillicuddy made banking history. when his company, the Manufacturers Hanover Corporation, agreed to buy the C.I.T. Financial Corporation for $1.51 billion. The agreement ...

  10. G.R. No. 82670 September 15, 1989 - DOMETILA M. ANDRES v ...

    manufacturers hanover & trust corporation and court of appeals, respondents. Roque A. Tamayo for Petitioner . Romulo, Mabanta, Buenaventura, Sayoc & De los Angeles for Private Respondent .

  11. Manufacturers Hanover Corporation - Wikiwand

    Manufacturers Hanover Corporation was the bank holding company formed as parent of Manufacturers Hanover Trust Company, a large New York bank formed by a merger in 1961. After 1969, Manufacturers Hanover Trust became a subsidiary of Manufacturers Hanover Corporation. Charles J. Stewart was the company's first president and chairman.