And the California banks, having had five years to prepare, have armed themselves for the conflict.
In addition, California banks will be able to expand into other states after 1991.
But then again, it has not reported the vigorous growth that other California banks have enjoyed this year.
The head of a California bank anticipated "long-term community disinvestment."
Mitsui's California bank is a tiny part of its operations.
A14 How California banks are dealing with the budget troubles.
The California bank does not, fearing that they could identify the donor years later and cause real problems.
For that reason, some analysts say, one of the California banks could wind up being sold.
In 1988, a California bank invited her to do a project there.
Before the merger, the two California banks had 45,800 full-time employees.