Talk about hitting the ground running. William B. Harrison Jr. wasted no time putting his own particular stamp on Chase Manhattan Corp. Mr. Harrison, 56, became chief executive officer June 1 and almost immediately launched an Internet-only subsidiary, Chase.com.

That unit may ultimately be spun off. He also accelerated internal initiatives to build or improve upon the $371 billion-asset company's asset management, global investor services, and equity underwriting capabilities.

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