Business
BankAmerica named three new directors, one outsider and two BankAmerica executives, bringing the number of board members to 17.
April 19, 1987
First Interstate Bancorp on Tuesday raised the value of its offer to buy BankAmerica by $600 million to $3.4 billion, increasing the pressure on BankAmerica’s board of directors to agree to what would be the largest bank merger in U.S. history.
Oct. 29, 1986
BankAmerica Names Vice Chairman: BankAmerica Corp. and its Bank of America subsidiary said they have named Michael J.
Oct. 4, 1995
Bank of America has made headlines for dismantling eBanking, a checking account that made it easy for customers to avoid a monthly fee.
Jan. 28, 2018
First Interstate Bancorp on Monday halted its $3.25-billion effort to buy BankAmerica Corp., ending an 18-month drama that left both California banking giants bloodied.
Feb. 10, 1987
First Interstate took its bid to acquire BankAmerica directly to BankAmerica’s board of directors in the belief that the board has lost patience with management and can ultimately be convinced of the offer’s value to shareholders.
Oct. 9, 1986
Consumer banking giant BankAmerica Corp. on Friday took a cross-country leap to expand its corporate banking business by agreeing to buy Continental Bank Corp. of Chicago for $1.9 billion in cash and stock.
Jan. 29, 1994
BankAmerica Corp. asked First Interstate Bancorp and other potential buyers Monday to back off and give the troubled San Francisco bank time to solve its own problems.
Nov. 4, 1986
Bank of America is starting to look like Bank of Western America.
Oct. 9, 1990
At its annual meeting today in Los Angeles, BankAmerica Corp. is likely to tell stockholders that in the 13 months since it absorbed Security Pacific Corp., it has met the daunting task of merging the two banks’ sprawling operations.
May 27, 1993