NEW YORK - Standard & Poor's and Moody's Investors Service both put the ratings of BayBanks on review for possible upgrade and confirmed the ratings of Bank of Boston Corp.

Both rating agencies expected to equalize the lower rated BayBanks debt with that of Bank of Boston upon completion of the merger.

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.