BankBoston
BankBoston was a bank based in Boston, Massachusetts, which was created by the 1996 merger of Bank of Boston and BayBank. One of its predecessor banks started in 1784, but the merged BankBoston was short-lived, being acquired by FleetBoston Financial in 1999. In 2005, FleetBoston was purchased by, and merged into, Bank of America of Charlotte, North Carolina.
| Industry | Bank holding company |
|---|---|
| Predecessor | Bank of Boston BayBank |
| Founded | February 7, 1784 (as Massachusetts Bank) |
| Defunct | October 1, 1999 |
| Successor | FleetBoston Financial |
| Headquarters | Boston, Massachusetts |
| Products | Financial services |
After the sale of its Latin American branches in 2006, BankBoston currently exists solely as a subsidiary private bank owned by Bank of America.
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