First Interstate relocates 400 data processing jobs from downtown Los Angeles elsewhere. (First Interstate Bancorp to Arizona or Oregon) (Special Report: Banks & Finance) From: Los Angeles Business Journal | Date: May 13, 1991| Author: Mullen, Liz | COPYRIGHT 1991 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

First Interstate relocates 400 data processing jobs from downtown Los Angeles elsewhere

First Interstate Bancorp will move a data processing unit employing 400 people in downtown Los Angeles to Arizona and Oregon, a First Interstate official told the Business Journal, following two of California's other "Big Four" banks which have recently moved credit card operations out of state.

The move represents the "first major consolidation" of what may be more as the L...