Chemical Banking Corp: The New York-based firm...
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From Times Staff and Wire Reports
Chemical Banking Corp: The New York-based firm said its first-quarter profit, boosted by the sale of its stake in Florida National Banks, rose 29% to $151.7 million. Chemical’s non-performing assets fell $265 million to $3.2 billion, with most of the new problem loans in Texas. Chemical has $74.1 billion in assets.
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