BankBoston Corp. received a vote of confidence Monday from an influential analyst who urged investors to put the company's overseas exposure in perspective.

Many market watchers are predicting earnings shortfalls for banks with foreign operations-and BankBoston's earnings outlook fell under a shadow in October, when it reported a $20 million trading loss from foreign operations.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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