NationsBank Corp. plans to fold most of Barnett Banks Inc.'s investment subsidiary into TradeStreet Investment Associates Inc., one of its leading asset management arms, sources said.

The Barnett deal, announced in September, would make NationsBank the third-largest bank in the country, and the consolidation of the units had been expected.

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.