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Chase-J.P. Morgan Merger

NPR

Published September 15, 2000 at 10:00 PM MDT

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This week Chase Manhattan Corporation announced it would merge with J.P. Morgan and Company. Although the new company will be called J.P. Morgan Chase & Company, the merger closes a chapter on the storied history of the 150-year old Morgan bank. Scott speaks with Fortune Magazine's editor-at-large Joe Nocera about the end of banks as we know them.