Veteran bank analyst Thomas H. Hanley said he expects bank mergers will accelerate in the fourth and first quarters, propelled by deals already struck this year.

Mr. Hanley, of Warburg Dillon Read, told clients during a Friday morning conference call that recently unveiled conglomerations by Fleet Financial Group and BankBoston Corp. and by Zions Bancorp and First Security Corp. will pave the way for more activity.

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