BankBoston/Fleet Merger To Create New England Player

BANKS

BOSTON-- New England's future as an FX trading centre looked secure last week with the announcement of a link-up between Fleet Financial Services and BankBoston.

Assuming the proposed merger receives regulatory approval, the $16 billion deal will create the eighth largest bank in the US, to be known as FleetBoston Corporation.

With around $178 billion in assets, it will be around one third of the size of New York-based industry giants such as CitiGroup and Chase Manhattan Bank.

Industry insiders

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: