Chase Manhattan Project Hits A Rocky Patch As Bank Confronts Staff And Network Issues
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Chase Manhattan Bank's project to build a new trading room has hit a major snag before it has even had a chance to get off the ground. The bank has grown increasingly uncertain as to whether it will forge ahead with the relatively untried, high-tech data distribution infrastructure -- fiber distributed data interface (FDDI) to the desktop -- which it has planned to use since early this year. Such doubts were brought into relief at the bank following a sudden change, late last month, in the
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