Fleet be nimble, Fleet be quick: bank's acquisition of brokerage seems a wise investment for both. (Fleet Financial Group Inc; Quick and Reilly Group Inc)

From: Crain's New York Business | Date: February 9, 1998| Author: Birger, Jon | Copyright information

Fleet Financial Group Inc. and Quick & Reilly Group Inc. are downright buoyant about their new partnership. Fleet's acquisition of Quick & Reilly closed Feb. 1, and both companies expect to reap immediate rewards.

Thomas C. Quick, president of the Manhattan discount broker with 1.2 million accounts, says he anticipates adding as many as 200,000 Fleet retail banking clients to the firm's existing customer base.

Boston-based Fleet envisions Quick & Reilly customers as...

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