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Verne G. Istock (L), chief executive officer of First Chicago NBD Corp. and John B....

IMAGE number
REU7633955
Image title
Verne G. Istock (L), chief executive officer of First Chicago NBD Corp. and John B. McCoy (R), chair.., 1998-04-13 (photo)
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Photographer
Peter Morgan
Medium
photograph
Date
1998 AD
Shooting Date
1998-04-13
Image description

Verne G. Istock (L), chief executive officer of First Chicago NBD Corp. and John B. McCoy (R), chairman of Banc One Corp. speak at a news conference in New York on April 13 where they announced that Bank One would buy First Chicago NBD for roughly $29 billion in a friendly transaction that will bring together two powerful midwest banks. The deal marks the latest huge deal to hit the U.S. banking industry and comes the same day that [BankAmerica and NationsBank] announced merger plans.

Photo credit
REUTERS/Peter Morgan / Bridgeman Images
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