NationsBank has been on an acquisitions tear this year. Aside from its highly publicized deals-totaling $29 billion in cash and stock-for Boatmen's Bancshares, Montgomery Securities, and, most recently, Barnett Banks, the Charlotte, NC-based institution paid just over $2.5 billion for another six banks and an equipment leasing operation, adding about $16.6 billion in assets to its balance sheet.

As a result, NationsBank will be this country's third-largest bank when the Barnett deal closes, with $290 billion in assets-just behind Citicorp, with $300 billion in assets at the end of the third quarter, and Chase Manhattan Bank, with $350 billion in assets in the same period.

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