TELECOM Digest OnLine - Sorted: Bank of America: Aiming Higher

Bank of America: Aiming Higher

Monty Solomon (
Tue, 16 Nov 2004 22:41:06 -0500

By Mel Duvall

Bank of America spent $47 billion to acquire FleetBoston to get a
stout presence in New England and New York. The bank will spend tens
of millions to convert its 1,500 branches onto its Model Bank
platform, so it can provide the same services nationwide. But previous
conversions have not gone well. Can it really become a bank of all

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