Chase Manhattan Corp. has opened shop in Birmingham, Ala., where it will manage the corporate trust business it recently acquired from Compass Bancshares.

The $340 billion-asset New York bank has one of the nation's largest corporate trust businesses, with $1.4 trillion of assets under administration for municipalities and corporations.

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.