The Archive · 1934

EQUITABLE TRUST TO RE-ENTER BANKING

Considerable local interest has been evinced in the reorganisation of the Equitable Trust Ca, New York, as it formerly "was re-resented here in Shanghai by its Subsiduary, the Bquilable Eastern Banking Corporation and the purchaser, Charles. Hayden, i "the partner in Hayden, Stone & Ca.

The Equitable Trust Ca, the purchase of which took place in June by Charles Hayden and associates from the Amerex Holding Corp. (formerly Chase Corp, affiliate of the Chase National Bank), in setting up its new board of directon, has completed the first major step in plans to re-enter the commercial Danking business. 'The trust com-any, whose name only was retained when it was merged into the Chase National Bank in June, 1990, had been practically dormant for' four years.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account