Also . . .

Bankers Trust New York Corp. said it has agreed to acquire NationsBank Corp.’s $1.33-billion-asset institutional trust business. Terms of the definitive agreement were not disclosed. . . . International Business Machines Corp. said it plans to gradually dismantle a high-profile division formed two years ago for coordinating Internet strategy. IBM will eventually reassign the duties among various business units that make and sell the Internet products. The company hopes the move will streamline development and bring new products to market faster.