PERSONNEL

PERSONNEL

The upper levels of management are beginning to emerge at the new Chemical Bank.

Donald Layton, currently group executive and co-manager of Manufacturers Hanover's global banking group was named head of worldwide capital market, foreign exchange and risk management businesses, as well as the corporation's treasury activities and and all international banking in Asia and Europe.

Petros Sabatacakis, currently managing director in charge of Chemical Bank's capital markets and treasury group, will

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