	bankamerica bac chair says bank turning around bankamerica corp chairman a w clausen said the bank holding company is turning around and is back on the road to profitability in a speech to the san francisco chamber of commerce clausen said he was absolutely convinced bankamerica would return to its position of preeminence fundamental to achieving that goal is to continue to reduce costs dramatically to get our arms around our loan loss problems and begin to reduce charge offs and to enhance our revenue generation clausen said clausen said he doubts bankamerica would be in a position this year to make any acquisitions or experience any growth he said bankamerica will continue to reduce staff and operations noting that expense growth in increased only one pct over expenses clausen also said it will continue to phase out its overseas retail banking and concentrate on wholesale banking with emphasis on a premium list of multinational corporations reuter 
