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Article: Chase to purchase a $500,000 stake in N.Y. National. (Chase Manhattan Bank; New York National Bank) (Brief Article)
- Article from:
- American Banker
- Article date:
- April 11, 1994
- Author:
CopyrightCOPYRIGHT 1994 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- Chase Manhattan Bank has committed to take $500,000 of equity in New York National Bank the only minority owned commercial bank in New York City.
The commitment to New York National, which has branches in the South Bronx and East Harlem, is the first by another bank.
Chase made an inital ...
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