After NationsBank merges with BankAmerica, the new bank would operate its massive syndicated lending business from five regional offices, said the executive who would run the business.

Though a plan that would move BankAmerica Corp.'s loan trading desk from Chicago to Charlotte, N.C., is being considered, the combined bank's five U.S. loan originations offices would remain intact, said Thomas W. Bunn, the NationsBank executive who would head the combined bank's lending effort.

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