Business
Spurred in part by the Los Angeles riots, a consortium of California banks has created a $10-million community development corporation to lend money and invest in small businesses in riot-affected areas of the city, officials announced Friday.
Oct. 31, 1992
* Workers: First Interstate and First Bank System would cut 6,000 of 41,000 jobs, mainly administrative and data-processing positions.
Nov. 7, 1995
Joe Pinola blew through this Rocky Mountain town last week on an eight-hour visit to speak to Colorado State University students and show the First Interstate flag in one of the small western cities where the Los Angeles banking firm operates.
Oct. 26, 1986
Just what does Wells Fargo’s massive bid for First Interstate say about the banking industry, its customers and the local and national economy today and tomorrow?
Oct. 22, 1995
Housing & Homelessness
In an effort to create affordable housing for Pomona’s low-income residents, the NAACP and First Interstate Bank hope to start a nonprofit corporation to refurbish abandoned homes.
Nov. 1, 1987
BankAmerica’s announcement that it wants to buy Continental Bank Corp., the venerable Chicago financial institution, is only the latest in a wave of consolidations and interstate combinations of lenders squeezed by intensifying competition.
Jan. 29, 1994
Unlike a merger between Wells Fargo & Co. and First Interstate Bancorp, the proposed $10.1-billion union of First Interstate and First Bank System Inc. of Minneapolis would create no overlap of business in California.
Los Angeles loses a prestigious corporate headquarters but celebrates the prospect of retaining thousands of jobs.
First Interstate Bancorp extended its foray into the fastest-growing regions of the West on Tuesday with the purchase of the Bank of A.
Aug. 3, 1994
First Interstate Chairman William E.B.
Nov. 9, 1995