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Aug. 20, 2002

Deal Boosts Black Banking Market Across the Nation

With the help of Los Angeles' Manatt, Phelps & Phillips, two banks with headquarters on opposite sides of the country are coming together, creating what is believed to be the largest black-owned bank in the nation.

By Toni Vranjes
        
        With the help of Los Angeles' Manatt, Phelps & Phillips, two banks with headquarters on opposite sides of the country are coming together, creating what is believed to be the largest black-owned bank in the nation.
        The Boston Bank of Commerce has agreed to buy Los Angeles' Family Savings Bank...

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