BankBoston Corp.'s agreement to buy Deutsche Bank's retail banking business in Argentina contains an unprecedented clause protecting the U.S. company from liability for any World War II accounts that may turn up.

"In light of the recent attention to the wartime financial transactions of a number of international financial institutions, BankBoston has examined closely the books of Deutsche Bank Argentina to seek to ensure the assets and liabilities being acquired are not associated in any way with wartime activities," BankBoston said.

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