Mostly due to income lost from the...
Mostly due to income lost from the reclassification of its loans to Brazil and Ecuador, New York-based Chase Manhattan Corp.’s first-quarter profit dropped 28% for the period ended March 31. Chase, the nation’s third-largest bank holding company, said its net interest income declined to $720.9 million from $748.4 million, while non-interest income rose to $426.2 million from $373.3 million.
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