Concord Holding Corp. held on as the largest administrator of bank mutual funds in the quarter that ended June 30 despite a plunge in the fund assets of its biggest client, BankAmerica Corp.

The New York-based company administered $27.6 billion of bank mutual fund assets at midyear, $800 million less than at the end of March, according to Lipper Analytical Services Inc., Summit, N.J., which compiled the data.

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