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Transcript: SQUAWK BOX - William Harrison Chairman, President & CEO - CHASE MANHATTAN BANK - Interview
- Article from:
- CNBC/Dow Jones Business Video
- Article date:
- April 11, 2000
- Author:
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THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND
MAY BE UPDATED.
MARK HAINES, CNBC CORRESPONDENT: Chase Manhattan Bank <Company: The
Chase Manhattan Corporation; Ticker: CMB; URL: http://www.chase.com/>
is going global. The second-largest bank in the U.S. is buying British-
based investment bank and fund manager Robert Fleming Holdings for
$7.7 billion in cash and stock. This acquisition gives Chase an investment-
banking foothold in Europe and Asia. Shares of Chase closed higher
yesterday, up 1 3/4, in fact, at the high end of the range, you can
see that breakout, and then we settle back down to what I guess would
be considered support, ...