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Bank of America building in Atlanta was for years owned by NationsBank. In 1998, it acquired BankAmerica Corporation of San Francisco in what was the largest bank merger in American history at the time. Although NationsBank was the nominal survivor, the merged bank took the better-known Bank of America name, and operates under Bank of America's ...
NationsBank Corp. Boatmen's Bancshares: NationsBank Corp. $9.6 billion Bank of America: 1997 Washington Mutual: Great Western Financial CorporationGreat Western Bank: Washington Mutual: $6.8 billion JPMorgan Chase: 1997 First Union Corporation: Signet Banking Corporation First Union Corporation: Wells Fargo: 1997 National City Corp. First of ...
However, the merged company was and still is headquartered in Charlotte, and retains NationsBank's pre-1998 stock price history. All U.S. Securities and Exchange Commission (SEC) filings before 1998 are listed under NationsBank, not Bank of America. NationsBank president, chairman, and CEO Hugh McColl, took on the same roles with the merged ...
Hugh L. McColl Jr. (born 18 June 1935) is a former business executive who was the CEO of NationsBank [1] and the former chairman and the first CEO of Bank of America.Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean ...
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Maryland National was itself purchased by NationsBank in 1993, and the name of the building was changed again, to "NationsBank Building". The structure then obtained its current name following the NationsBank merger with BankAmerica in 1997. [ 5 ]
Barnett National Bank Building in 2011. The Great Fire of 1901 destroyed most of the city, but the National Bank of Jacksonville was the only bank still standing. William Boyd Barnett died September 2, 1903, and Bion renamed the institution Barnett Bank in his father's honor.
The merger of BankAmerica Corporation and NationsBank Corporation, prompted NationsBank CEO Hugh McColl to propose to put the together the two investment banks, BancAmerica Robertson Stephens and NationsBanc Montgomery Securities. [2] Ultimately the combination did not happen as Robertson Stephens was sold off in 1998 to FleetBoston. [3]