APRIL 1998

Two new reports examine securities, venture capital firms

New reports from the Assembly Ways and Means Committee and Chase Manhattan Bank examine key aspects of the state's financial sector.

The March Ways and Means Economic Update says mergers and acquisitions are undergoing "spectacular growth" because of globali-zation and technological change, and are more important than ever in creating profits for Wall Street.

Chase's latest Financial Digest points to the start of "a long-overdue turnaround" in the availability of venture capital in New York State.

April 15, 1998