NationsBank Corp. is on target to cut its annual operating costs by $400 million and to boost its fee income by $50 million in the wake of its merger, a senior executive said.

Sam Bass,a NationsBank executive vice president, also detailed for the first time how the company expects to earn the added fees.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.