Only months after NationsBank Corp. acquired Boatmen's Bancshares, it is losing institutional clients it inherited from the St. Louis bank.

Last week, a flood of rankled union clients pulled their pension plan assets out of Charlotte, N.C.-based NationsBank. Among them: the St. Louis police retirement system, which had $289 million with NationsBank, and the St. Louis carpenters union, which had $79 million invested. In addition, the local fire fighters are considering yanking $88 million of pension fund assets.

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