In the wake of their $5.9 billion merger announcement in June, Zions Bancorp. and First Security Corp. await word from the Justice Department on how many branches and how much in deposits they must divest to ease antitrust concerns.

Observers estimate that the two Salt Lake City-based banking companies would have to sell about $1.5 billion of deposits and 50 branches. As many as 2,000 jobs or 12% of the combined companies' work force could be cut.

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