Thomson BankWatch upgraded the debt of Chase Manhattan Corp. and Citicorp Friday, citing the two money centers' improving core profitability and efficiency.

Thomson upgraded Citicorp's and Chase's senior debt to Aplus from A, and their subordinated debt from A-minus to A.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.