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Analysts: No Bank One sale now
Analysts say Bank One is unlikely to be sold soon despite the departure of chief executive John B. McCoy. The Columbus based bank, post merger with First Chicago, faces a leadership transition and possible internal overhaul rather than a sale of its credit card unit or the entire company. Citigroup, Chase Manhattan or Bank of America are viewed as the most probable suitors if an exit occurs.
MENTIONED IN THIS ARTICLE
Chicago
Bank One
John B. McCoy
Bank
Goldman, Sachs, & Co
Verne Istock
USA
Ble
McCoy
McCoys
Columbus
First Chicago
First USA Credit Card
Citibank
First USA
Goldman Sachs
Citigroup
Sharada Krishnappa
Parker/Hunter Inc
Chase Manhattan
Bank of America
Ee New York
NYSE
PepsiCo
Baesn
Sila
GenElec
Rob Fale
Pally
Abe
Seagate
Bie Aya
Bethsit
Hélens
Svea Boeing
Ea Asean
Texaco
Cadence
Kmart
Lowes
Lucans
Tél
Tycolnes
Uswest
CaarChan
Ag Bs
Ee Hatiel
Vodaast
Delfin
Wells
Frga
Dhae Ae DuPont