BANKING & FINANCE - Aug. 28, 1992
From Times Staff and Wire Reports
B of A Close to Buying Texas Thrift: BankAmerica is negotiating to buy First Gibraltar Bank, according to press reports. The Dallas-based thrift, owned by New York investor Ronald O. Perelman, would significantly expand the San Francisco bank’s presence in Texas and make B of A the state’s fourth-largest bank. First Gibraltar has 133 offices and more than $8 billion in assets.
