National City Corp. hired James J. LeKachman on Thursday to head up the liquidation of remaining assets from businesses the Cleveland company has exited to distance itself from mortgage-related losses.

Mr. LeKachman will join Nat City next month as an executive vice president. He will report directly to Peter E. Raskind, its chief executive, and will oversee day-to-day management of its $20 billion of liquidating portfolios.

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