Bank of Boston Corp. and Citicorp are likely to benefit from a flight to quality in Argentina as depositors in that country grow more concerned about the stability of banks there, analysts said.

"Both companies are seen as innovative, safe players in Argentina," remarked Diane Glossman, a banking analyst with Salomon Brothers Inc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.