Of Thee I $ing Barron's Online (10/08/00) Vol. 104, No. 40 p.10; Wright, Robert E.
A retrospective column about U.S. banks' IPOs in the
late eighteenth century mentions that the Manhattan Co.--a
precursor of Chase--was oversubscribed on its first day because
its offering price was low. Chase, Citigroup, Bank of New York,
and other top present-day U.S. banks can trace themselves back to
the IPO market in the early days of the republic, the article