Title

Banking analysts say that Fleet Financial Group's announcement that it will cut

Authors

Source

Portland Press Herald

Date

3-11-1994

Pages

1C

Abstract

Banking analysts say that Fleet Financial Group's announcement that it will cut 5,500 jobs as part of a company restructuring will put pressure on the other billion-dollar banks operating in Maine to do the same -- Fleet's primary competition in Maine comes from Casco Northern Bank, a division of Bank of Boston; Key Bank of Maine, a division of Keycorp of Cleveland; and Peoples Heritage Group of Portland

Subjects

Banks and banking, Fleet Bank

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