Although no one expected Dime Bancorp chairman Richard Parsons to remain long after the thrift's upcoming merger with Anchor Bancorp, analysts and bank executives agreed Monday his decision to jump ship for the presidency of Time Warner Inc. was a complete surprise.

The move means Anchor Bancorp chairman James W. Large Jr. will take control of the new Dime Bancorp, which will be the nation's fourth-largest thrift holding company after the deal's expected closing in mid-January.

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