61.   BankBoston Chief Executive Charles Gifford recently said in an interview with American Banker that the bank is considering acquiring a securities firm.

62.   BankBoston, like many of its banking competitors, has made little secret of its desire to acquire a securities firm.

63.   Banks would be permitted to underwrite and sell securities through affiliates, for example, while securities firms and insurers could buy or set up banking affiliates.

64.   BankAmerica is the third commercial bank to buy a U.S. securities firm in the past three months.

65.   Banks benefit from widening profits on their loans when interest rates decline, while securities firms make more money on trading.

66.   Banks in particular enjoy better profit margins when rates are low, and securities firms see a pickup in business.

67.   Banks, for example, enjoy better profit margins when rates are low, and securities firms see a pickup in business.

68.   Banks, insurers and the biggest securities firms would be apt to swoop down on weaker rivals if profits slow or decline because purchase prices would be lower.

69.   Back in Kansas City, he started a private security firm specializing in white-collar crime.

70.   Bear Sterns is a securities firm with an operation that specializes in making and clearing trades for hedge fund managers.