On 17 December 2004, Bank of America sold its BankBoston (BKB) operations in Peru, Colombia, and Panama to the 1955 established Panamanian private equity bank Banco General. In 2006, Bank of America sold all BankBoston's Brazilian assets to Brazilian bank Banco Itaú, in exchange for Itaú shares. The BankBoston name and trademarks were not part of the transaction and, as part of the sale agreement, cannot be used by Bank of America.
Bank of Boston conducted business with individual and commercial customers in the areas of finance, banking, and trust services. It was headquartered in Boston, Mass. Subsidiaries of the corporation provided numerous services, including lending, cash-management programs, payroll processing, equipment leasing, and data processing.
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FleetBoston was the seventh-largest bank in the United States, as measured by assets ( US$ 197 billion in 2003). It had almost 50,000 employees, over 20 million customers worldwide and revenues of $12 billion per year. The banking subsidiary operated under the Fleet name, but used BankBoston's stylized eagle logo.
BankBoston Corp The Company offered consumer, small business, and corporate banking in New England. The Company also delivered financial solutions to corporations and governments nationally and ...
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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,
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. In 2005, FleetBoston was purchased by, and merged into, Bank of America of Charlotte,
History. 1784-01-01. Institution established: Original name:The First National Bank of Boston. 1971-01-04. Acquired Old Colony Trust, National Association ( 20328) in BOSTON, MA. 1985-04-12. Acquired Bank of Boston-Barnstable, National Association ( 2678) in YARMOUTH, MA. 1985-05-17. Acquired Bank of Boston-Worcester, National Association ( 2659) in NORTHBRIDGE, MA.
FHLBank Boston is pleased to welcome new members of the board of directors and the Advisory Council in 2023. VIEW ALL NEWS arrow_forward The Value of Membership Joining FHLBank Boston means your institution has easy access to an array of flexible and competitively priced funding options for mortgage lending, liquidity, asset management, and more.