This Day In Market History: Chase National Merges With Bank of Manhattan

By Benzinga4 days ago

AD

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date.

What Happened? On this day in 1955, Chase National merged with Bank of Manhattan.

What Else Was Going On In The World? In 1955, the U.S. launched the USS Nautilus, the world’s first operational nuclear-powered submarine. “The Mickey Mouse Club” debuted on ABC. The average cost of a new house was $10,950.

That Path To A U.S. Megabank: Incredibly, the ...

Continue read on benzinga.com