An April 1 news brief on page 11 overstated the assets under management at Dresdner RCM Global Funds. The company manages roughly $2 billion of assets.


Tables on page 5 Tuesday understated, by a factor of 100, three banking companies' reserves in this year's first quarter and a year earlier.

Decimal points mistakenly inserted in the figures were to blame. For example, BankAmerica Corp.'s reserve in the latest quarter equaled 251% of nonperforming loans, not 2.51%.

The figures for Bank of New York Co. and Mercantile Bancorp of St. Louis were similarly understated. Those of Citigroup Inc., however, were correct.

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.