Two Banks End Talks On Possible Merger

Wed., Oct. 25, 1995

From Staff And Wire Reports

BankAmerica Corp. and NationsBank Corp. discussed a possible merger earlier this year, but the talks ended without any action, a source at one of the institutions confirmed Tuesday.

The merger would have put a U.S. institution in the world’s top 10 banks for the first time in years, making it the ninth in the world and No. 1 in the United States with $412 billion in assets.

But a BankAmerica official who spoke on condition of anonymity said the talks were exploratory and have now ended.

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Two Banks End Talks On Possible Merger

Jesse Tinsley

Jim Meehan

Molly Quinn

Rob Curley

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