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BUSINESS
January 29, 1988 | DOUGLAS FRANTZ, Times Staff Writer
Citicorp, the nation's largest banking company, said Thursday that it has signed an agreement to acquire United Bank of Arizona, a subsidiary of Union Bancorp of Los Angeles. The price of the transaction was not disclosed, but sources at Union said Citicorp agreed to pay $208 million for the Arizona bank. Union Bancorp, also the parent of Union Bank of California, acquired United Bank slightly more than a year ago for $335 million. John F.
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BUSINESS
January 29, 1988 | DOUGLAS FRANTZ, Times Staff Writer
Citicorp, the nation's largest banking company, said Thursday that it has signed an agreement to acquire United Bank of Arizona, a subsidiary of Union Bancorp of Los Angeles. The price of the transaction was not disclosed, but sources at Union said Citicorp agreed to pay $208 million for the Arizona bank. Union Bancorp, also the parent of Union Bank of California, acquired United Bank slightly more than a year ago for $335 million. John F.
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BUSINESS
January 21, 1987
Union Bancorp, parent of Union Bank, Los Angeles, said William H. Wofford has been named executive vice president-credit policy and administration, replacing the retiring Robert H. Schoubye. Wofford will also become general manager-asset quality control for the holding company. Replacing Wofford as senior vice president-banking group administration is John O. Fox Jr., who was previously senior vice president-international services. His successor is John B. Hendricks. James R.
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