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To: Sarmad Y. Hermiz who wrote (51249)4/19/1999 3:09:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
**OT**

This for Sarmad and a few others:

I. BANK MERGER RILES GOLD MANUFACTURERS. Fleet Financial Group and BankBoston,
well-known in the industry as big lenders of gold consignment, recently
announced their intention to merge. Gold manufacturers told National Jeweler
that the new company, to be called Fleet Boston Corp., may impact some
companies' credit business. Fleet Financial is known as being very tough about
lending requirements, while BankBoston is reputed to be less strict with its
lending. Industry members are wondering what will happen when and if Fleet's
top-credit customer base merges with BankBoston's customers, many of which may
have been turned down by Fleet for credit in the past.

For complete story:
national-jeweler.com