Executives at major banks are selling their companies' stock at a rate unseen since 1990, when the industry faced a serious threat from collapsing real estate values.

Executives at banks like Citicorp, Banc One Corp., Republic New York Corp., and Comerica Inc., are among the bankers unloading shares at unusually high rates in past months, according to CDA/Investnet, a market research firm in Fort Lauderdale.

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