Chase Manhattan Bank may be a provider of financial services on a global basis, but its risk management function has its roots firmly planted at home in New York.

In an effort to integrate its services and rein in risks, the bank has consolidated its capital markets and risk management groups into a single entity, called Chase Global Markets. Mark B. Grier, executive vice president and co-head of the new unit with Kathylynn O'Donnell, said Chase plans to integrate its services to clients more than it has in the past. Ms. O'Donnell was the head of capital markets and Mr. Grier headed up the risk management sector when they were separate entities.

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