Wednesday, December 10, 2003

Bank One fires 2 more execs

The Associated Press

NEW YORK - Bank One Corp. has dismissed two more executives as it continues internal investigations into allegations of improper trading in its mutual funds.

Recently leaving the company was Gary Young, a fund administration manager at the company's One Group mutual fund unit in Columbus, Ohio. From the company's New York office, institutional sales executive Thomas Macior was dismissed in October, according to company spokeswoman Julie Crothers. In addition, Chicago-based Bank One reassigned Michael Wible, a lawyer in the fund division, to another position in the company.

Crothers said the moves were related to the mutual fund probes, but declined to comment further.

The latest changes follow the departure from the company in October of Mark Beeson, president of One Group, and John AbuNassar, head of the institutional asset-management group.

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