Although Banc One Corp. is talking to a variety of Wall Street firms about offering their investment products, the company has no plan to put employees from those firms in its branches.

Clarifying a report in Thursday's American Banker, spokesman John Russell said Banc One was not currently seeking to establish a joint venture like the one recently announced by NationsBank Corp. and Dean Witter Reynolds Inc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.