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NEW YORK — Bank of New York Co. will continue to be an “industry consolidator” in the behind-the-scenes world of financial services, officials said at a conference.

The company has made 61 acquisitions since 1994 — 10 last year — with most tied to securities servicing, said company executives at a Salomon Smith Barney investor conference. It also plans to expand upon its corporate trust business, private-client services, and asset management focused on high-net-worth people.

Thomas A. Renyi, chairman and chief executive officer, also said the company has “focused on transforming” its risk profile. It has sold or left several credit-only relationships, and such relationships declined to 8% of its portfolio last year, compared with 45% in 1994. On the credit-quality front, Mr. Renyi said he expects to continue to be able to increase the company’s loan-loss provision while meeting earnings targets.

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