FleetBoston Financial
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Company profile page for BankBoston Corp including stock price, company news, press releases, executives, board members, and contact information
BOSTON -- Fleet Financial Group Inc. agreed to buy BankBoston Corp. for $16 billion in stock, in a move that would create a New England powerhouse and the nation's eighth-largest bank.
Operating Status Active. Company Type For Profit. BankBoston was a bank based in Boston, Massachusetts, which was created by the 1996 merger of Bank of Boston and BayBank. Bank of Boston had a venerable history dating back to 1784, but the merged BankBoston was short-lived, being acquired by Fleet Bank in 1999.
100 Federal Street, formerly known as the First National Bank Building and nicknamed the Pregnant Building, [1] [2] is a skyscraper located in the Financial District of Boston, Massachusetts. The skyscraper, rising 591 feet (180 m) and 37 floors, [3] is Boston's 9th-tallest building.
Bank of Boston is an American bank holding company based in Boston, Massachusetts. Bank of Boston conducted business with individual and commercial customers in the areas of finance, banking, and trust services. Subsidiaries of the corporation provided numerous services, including lending, cash-management programs, payroll processing,
Boston, Massachusetts 02110. U.S.A. (617) 434-2200. Public Company. Incorporated: 1970. Employees: 20,200. Assets: $34.12 billion. Stock Index: New York Boston. The Bank of Boston ’ s history is older than that of the Constitution of the United States, and its story is a long and distinctive one.
Bank On Boston is part of a national initiative that helps residents achieve economic mobility with better access to financial services at lower or no fees. In addition to connecting residents with non-predatory financial services, Bank On Boston: increases trust in financial institutions raises public awareness of mainstream banking
Merged into and subsequently operated as part of BankBoston, National Association (2558) in BOSTON, MA: 1997-10-31: Acquired Pacific National Bank of Nantucket in NANTUCKET, MA: 1998-05-21: Acquired Rhode Island Hospital Trust National Bank in PROVIDENCE, RI: 2000-03-01: Moved bank headquarters from BOSTON, MA to PROVIDENCE, RI: 2000-03-01
In 1996, Meirelles moved to Boston, Massachusetts, and assumed the position of President and COO of BankBoston worldwide. He held the position until 1999. In 1999, BankBoston Corporation merged with Fleet Financial Group, forming FleetBoston Financial. Henrique Meirelles became president of FleetBoston Financial's Global Banking.