The chairman, president, and chief executive officer at San Diego's Bank of Commerce may soon be seeking another title: mayor.

Peter Q. Davis, who has headed the bank since 1977, said this week that he is considering a campaign next year for San Diego's top political post. A native of the city and chairman of its downtown economic development corporation for the last six years, Mr. Davis said this may be the time for a businessman-not a politician-to take charge of California's second- largest city.

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