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BRIEFLY

January 09, 1986

Bank of America said it plans to close two of its four Singapore branches and reduce its staff in Singapore by about 100 employees, or about 12.3%, later this month . . . RCA said it is calling a special shareholder meeting Feb. 13 to vote on the firm's previously reported merger agreement with General Electric . . . Todd Pacific Shipyards reported that it has laid off 200 workers in San Pedro this week and will let more employees go in the coming weeks . . . Standard & Poor's said it lowered the subordinated debt rating of Viacom International to BB- from BB+, affecting $50 million of Viacom's outstanding debt . . . Malrite Communications Group said it has completed the acquisition of radio stations KLAC-AM and KZLA-FM, which serve Los Angeles, from Capital Cities Communications and KSRR-FM in Houston from American Broadcasting Cos.

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