All About Chase Manhattan Bank

The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. Chase Manhattan Bank demonstrated a number of Web-based online banking services for consumers, corporations and institutional investors. The firm is also planning to roll out a Java-based mortgage application service, allowing customers to apply for home financing via the Web.

It is the biggest corporate bank in United States of America, which is providing a wide range of products and services. The bank also supports position tracking, trade capture, profit and loss calculation, value at risk calculation, and pricing for a wide range of wholesale financial products.

Some of the services provided by Chase Manhattan Bank are:
1. Personal Banking
2. Business services
3. Personal Lending
4. Insurance and Investing

Also in the works and demonstrated by Chase Bank are:
1) Bill Presentment, in partnership with bill presentment specialists such as CheckFree Corp., TransPoint and other banks, to give corporate customers numerous methods for distributing their bills to customers over the Internet.
2) Chase Workspace, a browser-based application for business customers which was launched last month lets institutional investors access account information.
3) Intelisys Electronic Commerce, which lets organizations consolidate their procurement within a corporate intranet.