The New York Trust Company was a large trust and wholesale-banking business that specialized in servicing large industrial accounts. It merged with the Chemical Corn Exchange Bank and eventually the merged entity became Chemical Bank.[1]
Banker Harold Holmes Helm, 58, expansion-minded chairman of Manhattan's Chemical Corn Exchange Bank, long had his "loving eye" on the New York Trust Co. ... Last week Helm proposed a merger, swapping 1¾ shares of Chemical Corn stock for one share of New ...