Walter Shipley, the former chairman of Chase Manhattan, dies at 83

NEW YORK, NY - AUGUST 28:  Chase Manhattan's Thomas G. Labrecque (L) and Chemical Bank's Walter V. Shipley announce the merger of their two banks at a press conference 28 August in New York.

BOB STRONG | AFP | Getty Images

NEW YORK, NY – AUGUST 28: Chase Manhattan’s Thomas G. Labrecque (L) and Chemical Bank’s Walter V. Shipley announce the merger of their two banks at a press conference 28 August in New York.

Walter V. Shipley, the former chairman and chief executive officer of Chase Manhattan Bank, has died at the age of 83, the bank announced on Saturday.

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