SAN FRANCISCO - A prominent Wall Street analyst has concluded that a schism has developed in BankAmerica Corp.'s top management, with retiring chief executive Richard M. Rosenberg much more interested in big mergers than are other senior executives.

Thomas K. Brown, a New York-based analyst with Donaldson, Lufkin & Jenrette Securities Corp., said that recent discussions he has had with Mr. Rosenberg have convinced him that the banker is an avid advocate of big mergers - even at the relatively high prices currently being paid.

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