Thomson BankWatch announced last week that it has assigned a first-time AA- rating to Chase Manhattan Bank's long-term deposits.

BankWatch said it had assigned the high rating because at both the bank and consolidated levels earnings, capital and asset quality have improved considerably during the past few years.

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.