© 2022 WYSO
Our Community. Our Nation. Our World.
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Chase & Jp Morgan

NPR's Jim Zarroli reports that two of the biggest names in banking are merging. Chase Manhattan will acquire J.P. Morgan in a deal valued at more than $35 billion. It is the latest such transaction in the rapidly consolidating financial services industry, and is expected to put additional pressure on smaller firms to get bigger fast.

Copyright 2000 NPR