BANKING

Home Savings to Close 14 First Interstate Branches: The financial company said it will close overlapping branches and may fire some employees as it completes its acquisition of 61 First Interstate Bancorp branches. More branch closings will be announced in the coming weeks, though there will be fewer than the 14 announced this week. Home Savings of America said in March that it would buy the First Interstate branches for about $200 million. Los Angeles-based First Interstate agreed in January to be bought by Wells Fargo & Co. of San Francisco, and state and federal authorities required the banks to get rid of the branches to satisfy antitrust concerns. Home Savings, a unit of Irwindale-based H.F. Ahmanson & Co., said the consolidations of the branches, located throughout California, will take place in the third quarter.