By moving the core of its asset management group to St. Louis, NationsBank Corp. is preparing to leverage the strength of Boatmen's Bancshares in that business.

Charlotte, N.C.-based NationsBank is known for barreling into new markets with aggressive transition teams that swiftly erase the identity of its acquired companies. But when it comes to combining with Boatmen's, the banking behemoth is being careful to keep the St. Louis company's prized asset management business intact.

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.