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October 5, 2000 | EDMUND SANDERS, TIMES STAFF WRITER
Banking brothers John and Jerry Grundhofer--who built their careers in California before leaving to lead their own financial institutions in the Mid-West--said Wednesday they would combine their banks in a $19-billion deal. The sale of John Grundhofer's Minneapolis-based U.S. Bancorp to his younger brother's Milwaukee-based Firstar Corp. will create the nation's eighth-largest bank, with about $160 billion in assets in 24 states.
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BUSINESS
October 5, 2000 | EDMUND SANDERS, TIMES STAFF WRITER
Banking brothers John and Jerry Grundhofer--who built their careers in California before leaving to lead their own financial institutions in the Mid-West--said Wednesday they would combine their banks in a $19-billion deal. The sale of John Grundhofer's Minneapolis-based U.S. Bancorp to his younger brother's Milwaukee-based Firstar Corp. will create the nation's eighth-largest bank, with about $160 billion in assets in 24 states.
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CALIFORNIA | LOCAL
December 1, 1999 | BOB POOL, TIMES STAFF WRITER
For two decades, the modest signs pasted on the back of Santa Monica's distinctive Big Blue Buses rarely failed to put a grin on motorists unlucky enough to be stuck behind them in traffic. Every month there was a new joke or witty one-liner that served as an offbeat advertisement for the local, family-owned Santa Monica Bank. "The name's Bond. Savings Bond," read one four years ago in a takeoff of a popular James Bond movie.
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