Manufacturers Hanover Corporation
Former bank holding company / From Wikipedia, the free encyclopedia
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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.
|Manufacturers Hanover Trust Company|
|Industry||Bank holding company|
|Defunct||June 22, 1992|
|Fate||Acquired by Chemical Bank and assumed the name Chemical after the 1991 merger.|
|Headquarters||New York City|
The corporation acquired the former Union Carbide Corporation headquarters at 270 Park Avenue, and though it merged into Chemical Banking Corporation for $1.9 billion in 1991, the successor corporations down to today's J.P. Morgan Chase & Co. have continued to locate their headquarters in that building.