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To: Alex who wrote (44412)11/1/1999 9:47:00 AM
From: lorne  Respond to of 116759
 
Investors take shine to platinum jewellery
Date: 29/10/99
smh.com.au



To: Alex who wrote (44412)11/1/1999 10:14:00 AM
From: lorne  Read Replies (2) | Respond to of 116759
 
Chase Corrects Trading Revenues
9.39 a.m. ET (1439 GMT) November 1, 1999

NEW YORK ? The No. 2 U.S. bank, Chase Manhattan Corp., said Monday its fourth-quarter trading revenues would be reduced by $60 million pre-tax because trading profit figures in prior periods had to be corrected, and an employee involved in the matter was fired.

The New York-based bank, which reported $2.2 billion in pre-tax trading revenues for the first three quarters of this year, said no funds were misused and no customer accounts were affected but an employee in New York was dismissed.

Further details were not immediately available.

The errors were uncovered in the course of an internal review, it said.

Chase's stock was off 7/8 at 86-1/2 in early morning trading
foxmarketwire.com