Newly armed with the power to underwrite corporate debt securities, the wholesale banking troops of Chemical Banking Corp. are feeling flush with success.

Since the company's merger with Manufacturers Hanover Corp. in late 1991, Chemical has become a wholesale giant -- firming its position as the leader in loan syndications, emerging as a major player in derivatives, and earning fat trading profits.

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.