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US banks on prowl for regional players
/ BSCAL September 04,1996

The pace of bank mergers, which has slowed significantly from last year's record levels, may heat up again as other firms seek to emulate NationsBank's expansion into a major national force.

Norwest Corp and Banc One Corp have been cited as other "super-regional" firms that may be shopping for regional banks, said bank and merger experts. NationsBank Corp on Friday announced plans to buy Boatmen's Bancshares Inc. in a $9.5-billion transaction viewed as pricey and daring. ...  Read



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NEWS NOW TODAY'S PAPER OPINION MARKETS
FIIs net sell Rs 619cr, DIIs net buy Rs 180cr   FIIs net sell Rs 619cr, DIIs net buy Rs 180cr
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DSCL acquires SSP maker   DSCL acquires SSP maker
NTPC inks agreement with NDPL   NTPC inks agreement with NDPL
National water policy needed: Mulayam   National water policy needed: Mulayam
SC dismisses PIL of Chief Justice   SC dismisses PIL of Chief Justice
Venu's termination    Venu's termination "naked discrimination": SC
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Sugar futures to be banned: Cong leader   Sugar futures to be banned: Cong leader
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