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In 1992, Security Pacific Bank merged with San Francisco-based BankAmerica (now called Bank of America), a deal that was at the time one of the largest bank mergers in history. [citation needed] Federal regulators, however, forced the divestiture of over half of the former Rainier Bank Washington state franchise (having been renamed Security ...
Rainier National Bank Security Pacific Corp. (banks in Pacific NW continued to operate as Rainier) Bank of America: 1987 Sovran Financial Corp. Commerce Union Bank Sovran Financial Corp. Bank of America: 1987 NBD Bancorp: State National Corporation: NBD Bancorp: $103 million JPMorgan Chase: 1987 U.S. Bancorp: Peoples National Bank of Washington ...
1201 Pacific, formerly the Wells Fargo Plaza, is the tallest building in Tacoma, Washington, and was completed in 1970. It was built with help from investors such as George Weyerhaeuser and Ben Cheney, [ citation needed ] and was designed by Skidmore, Owings and Merrill .
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change its rate decisions ...
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On April 22, 1992, Security Pacific Bank merged with San Francisco–based BankAmerica (now called Bank of America), [5] a deal that was at the time one of the largest bank mergers in history. Federal regulators, however, forced the sale of Security Pacific's Washington subsidiary, Rainier Bank , as the combination of Seafirst and Rainier would ...