Chase Manhattan Corp.

CHASE MANHATTAN Corp., New York, said Matthew J. Lifson, vice president and foreign exchange trading manager for Chase's regional banks, has been elected president of Forex USA.

Forex USA is a nonprofit organization that fosters and promotes high standards of practice for the global interbank market participants. The organization is made up of members who are directly involved in diverse markets such as foreign exchange, money markets, swaps, options, and other derivative instruments.

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