A June 14 article on page 4, "NationsBank Grows in London, by Necessity," incorrectly reported several aspects of the U.S. company's joint venture with Gartmore, a British investment fund.

NationsBank does not own 10% of Gartmore; it has an option to acquire that share if assets under their joint management reach $5 billion in five years. Furthermore, the partnership agreement does not let NationsBank pull out if that target is not reached.

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