FleetBoston Financial Corporation was formed on October 1, 1999, through the merger of Fleet Financial Group and BankBoston Corporation. Headquartered in Boston, Massachusetts, it became the seventh-largest bank in the United States, holding over $190 billion in assets. The company provided a comprehensive range of financial services, including retail and commercial banking, investment banking through its Robertson Stephens subsidiary, and asset management via its Columbia Management Group. In 2004, FleetBoston was acquired by Bank of America in a landmark $47 billion deal, creating one of the nation's largest financial institutions and significantly expanding Bank of America's presence, particularly in the Northeast.

Founded in

United States