FX Markets

First Chicago & NBD Bancorp Announce Merger For Q1 1996

BANKS

First Chicago and Detroit-based NBD Bancorp will merge their operations, probably by the first quarter of 1996, officials announced last Wednesday. The new name of the combined bank will be First Chicago NBD Corporation with its head office in Chicago.

Both banks have foreign exchange trading operations; however, First Chicago's room is likely to dominate since NBD is a regional bank, while First Chicago's name is known globally. In 1994, First Chicago reported $42 million in revenues from FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: