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Handshake seals NCNB Sovran merger to form NationsBank
NCNB Corp and C&S Sovran Corp leaders finalizing a 4.7 billion merger creating NationsBank, a 118 billion asset bank spanning Maryland to Texas with 1 900 branches. Brown and McColl describe a cooperative path, noting 9 000 jobs may be cut through attrition and a hiring freeze over three years.
MENTIONED IN THIS ARTICLE
Atlanta
C&s Sovran Corp
Ncnb Corp
NCNB
Hugh McColl
C&s
Sovran
Bennett A. Brown
New York
NationsBank
Maryland
Texas
Brown
C&s Sovran
McColl
Nev
Citizens and Southern Corp
Sovran Financial Corp
Norfolk, Va
U.S
C&s-Sovran