Cleveland-based National City Corp. said Thursday that it intends to open a corporate banking office in Philadelphia under the leadership of Charles Coltman 3d, former vice chairman of CoreStates Financial Corp.

Mr. Coltman, who retired in May from the company that acquired CoreStates last year, Charlotte, N.C.-based First Union Corp., is to be joined by four other former CoreStates corporate bankers in the new National City office. The unit is to focus on serving middle-market and large corporate clients, especially companies in communications, retail, commercial real estate, and transportation.

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