Wachovia Corp.'s deal with Central Fidelity Banks of Richmond, Va., has investors bidding up the stock of other banks in the region in anticipation of further consolidation.

Shares of Crestar Financial Corp. jumped $1.25 Tuesday, to $41; First Virginia Banks Inc., 75 cents, to $59.50; and Riggs National Corp., 62 cents, to $20.375. In fact, most bank shares rallied from Monday's plunge.

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