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Walter Shipley, the former chairman of Chase Manhattan, dies at 83

Walter Shipley, the former chairman of Chase Manhattan, dies at 83

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/12/walter-shipley-the-former-chairman-of-chase-manhattan-dies-at-83.html

Walter V. Shipley, the former chairman and chief executive officer of Chase Manhattan Bank, has died at the age of 83, the bank announced on Saturday.

Shipley is credited with crafted a series of bank mergers that led to the formation of JPMorgan Chase, the current powerhouse that casts a long shadow on Wall Street. Shipley's accomplishments are noteworthy, given that he was forced to leave college due to poor grades. Over four decades, he helped to orchestrate mergers with Texas Commerce Bank in 1987, Manufacturers Hanover in 1991 and Chase Manhattan Bank in 1995.