Ready, Set, Merge

CHEMICAL-MANNY HANNY IS A GLIMPSE OF THE FUTURE

For the past decade, Manufacturers Hanover Corp. Chairman John F. McGillicuddy and Chemical Banking Corp. Chairman Walter V. Shipley have been staring at each other from their headquarters offices on either side of Park Avenue. Rivals in New York's rough-and-tumble banking business, "we used to communicate by sign language," jokes McGillicuddy, gesturing with one of his ever-present cigars.

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