CHICAGO - Though Bank One Corp. is not slated to reveal its second-quarter results for another three weeks and has been tight-lipped about its planned restructuring, analysts say it could take a second-quarter charge of $1 billion to $2 billion as it cleans up problems in several major businesses.

Those charges are tied to a series of expected writedowns involving some of Bank One's core businesses, including its troubled First USA credit card unit and its Internet venture,, according to industry observers.

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.