SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: June 19, 2000 Commission file number 1-5805
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THE CHASE MANHATTAN CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 13-2624428
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(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
270 Park Avenue, New York, NY 10017
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) (212) 270-6000
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Item 5. Other Events
On June 19, 2000, senior management of The Chase Manhattan Corporation
("Chase"), during a conference call with investors held after the market closed,
made the following comments:
o "the credit quality of Chase's credit-related assets currently remains
stable and, accordingly, they do not currently see a need to increase
Chase's loan loss reserves";
o "they continued to believe that net charge-offs on Chase's managed loan
portolio would remain relatively stable over the remainder of the year";
and
o "they believed Chase's non-performing assets ("NPAs") at December 31, 2000
would be approximately at the same level as at December 31, 1999, although
the amount of NPAs may modestly increase or decrease in any given quarter
over the remainder of the year."
The above contains statements that are forward-looking within the meaning
of the Private Securities Litigation Reform Act of 1995. Such statements are
based upon Chase management's current beliefs and expectations and are subject
to significant risks and uncertainties, and Chase's actual results may differ
materially from those set forth in the forward-looking statements. These
uncertainties include, among others: a worsening of general economic conditions
in the United States or abroad; changes in other macroeconomic factors, such as
higher interest rates; the factors that affect Chase's process for estimating
future losses, including the limits inherent in any estimation process, future
structural changes that may affect particular industries, changes in legal or
regulatory requirements that may affect reserving positions, the volatilities of
default probabilities, rating migrations and loss severity, and the quality of
available data.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE CHASE MANHATTAN CORPORATION
(Registrant)
/s/ Dina Dublon
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Dated: June 19, 2000 Dina Dublon
Chief Financial Officer
