BankAmerica To Sell Deposits As Part of Merger

SAN FRANCISCO - Bank-America Corp. plans to sell billions of dollars in deposits in three states to satisfy antitrust concerns raised by its proposed acquisition of Security Pacific Corp., industry sources said.

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.