100 Federal Street Will be Headquarters for New Fleet Boston Corp.BOSTON--(BUSINESS WIRE)--May 3, 1999-- Fleet Financial Group and BankBoston have announced that BankBoston headquarters located at 100 Federal Street, Boston, Massachusetts “Boston” redirects here. For other uses, see Boston (disambiguation). Boston is the capital and most populous city of Massachusetts.[3] The largest city in New England, Boston is considered the unofficial economic and cultural center of the entire New , will become the headquarters for the new Fleet Boston Corporation. BankBoston currently occupies 1,205,000 square feet of office space out of a total 1,356,000 in the building and houses approximately 4,100 employees. "What better way to signify sig·ni·fy v. sig·ni·fied, sig·ni·fy·ing, sig·ni·fies v.tr. 1. To denote; mean. 2. To make known, as with a sign or word: signify one's intent. the importance of this new institution to Massachusetts and the region than to house its headquarters in this world-class building," said Chad Gifford, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , BankBoston. "After reviewing our corporate facilities and taking into account our projected needs, the selection of 100 Federal to be our headquarters makes sound business sense," said Terry Murray Terry Rodney Murray (born July 20, 1950 in Shawville, Quebec) is a retired Canadian professional ice hockey defenseman, a former NHL head coach, and currently an assistant coach for the Philadelphia Flyers of the NHL. , Chairman and CEO, Fleet Financial Group. Built specifically for BankBoston and completed in 1971, 100 Federal Street is a world-class signature property which helps to define the City of Boston skyline. It boasts a number of amenities including a pedestrian plaza, lower level parking, a large BankBoston retail branch office and ATMs, a public restaurant, retail shops, auditorium auditorium Portion of a theater or hall where an audience sits, as distinct from the stage. The auditorium originated in the theaters of ancient Greece, as a semicircular seating area cut into a hillside. , training facilities, conference center, BankBoston's state-of-the-art trading floor, hoteling office space, the Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing Club and a customer dining room. Fleet Financial Group and BankBoston Corporation entered into an agreement on March 14, 1999 to merge the two companies. The merger is subject to shareholder and regulatory approval and is expected to close in Q4 1999. |
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