The city of San Francisco may soon deliver a harsh message to BankAmerica Corp.: If you abandon us, we will abandon you.

Michael Yaki, a member of the city's board of supervisors, said in an interview late last week that he and other officials are mulling whether to shift millions of dollars of municipal accounts from BankAmerica to its hometown rival, Wells Fargo & Co.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.