Bank of Boston Tests Merging U.S. Back-Office, Not Trading Desks
BANKS
Bank of Boston International has recently begun a feasibility study to determine whether it can effectively merge its U.S. foreign exchange and money market support operations into one center, its Boston headquarters, according to sources at the bank. A bank spokesperson did not return calls.
"We’re in the research stage right now," says one source at the bank, who adds that management believes it may have the technology to implement such measures. If the bank decides to go ahead with a back
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