Bowing to shareholder pressure, Bank Plus Corp. of Los Angeles, the owner of Fidelity Federal Bank, said Monday that it has hired Keefe, Bruyette & Woods to identify potential acquirers.

Bank Plus' largest shareholder, Tontine Management LLP, had urged the thrift company's directors to either sell or replace its management team. New York-based Tontine owns 9.9% of its shares.

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