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First Chicago Bank was a Chicago-based retail and commercial bank tracing its roots to 1863, when it received one of the first charters under the then new National Bank Act. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with the former National ...
Banc One Corp. First Chicago NBD: Bank One Corp. $30 billion JPMorgan Chase: 1998 Banc One Corp. First Commerce Corp. Bank One Corp. JPMorgan Chase: 1998 Travelers Group: Citicorp: Citigroup: $140 billion Citigroup: 1998 SunTrust Bank: Crestar Financial Corp. SunTrust Banks, Inc. Truist Financial: 1998 Washington Mutual: H.F. Ahmanson & Co ...
In 1998, Banc One Corporation merged with Chicago-based First Chicago NBD – the result of the 1995 merger of First Chicago Corp. and NBD Bancorp, two large banking companies who had themselves been created through the merger of many banks [119] [120]) – to form Bank One Corporation, and moved its headquarters from Columbus to Chicago. [121]
Bank One Corporation was formed with the 1998 merger of Banc One of Columbus, Ohio and First Chicago NBD. [48] This merger was considered a failure until Dimon took over and reformed the new firm's practices. Dimon effected changes to make Bank One Corporation a viable merger partner for JPMorgan Chase. [49]
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
National Bank of Detroit. The National Bank of Detroit ( NBD ), later renamed NBD Bank, was a bank that operated mostly in the Midwestern United States. Following its merger with First National Bank of Chicago, the bank was ultimately acquired and merged into Bank One, at which point the NBD name was discontinued.
Chase Manhattan Bank was formed by the merger of the Chase National Bank and the Manhattan Company in 1955. [3] The bank merged with Chemical Bank New York in 1996 and later merged with Bank One Corporation in 2004 [4] and in 2008 acquired the deposits and most assets of Washington Mutual. In May 2023, it acquired the assets of First Republic Bank.
Financial services. A bronze doorway in the New Yorker Hotel in midtown Manhattan that formerly led to a branch of the Manufacturers Trust Company. Manufacturers Hanover Corporation was an American bank holding company that was formed as parent of Manufacturers Hanover Trust Company, a large New York City bank formed through a merger in 1961.