Banking On Fees

State Street Boston Corp. almost never makes headlines. In contrast with such other regional banks as Banc One Corp. and NationsBank Corp., which are constantly in the news with aggressive acquisition programs and other highly visible projects, State Street Boston quietly pursues such unglamorous activities as processing securities transactions and providing record-keeping services for pension funds and other clients. But to growing numbers of bankers, State Street's approach may point the way toward the best source of future banking profits.

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