Boston Safe Pitches CRS Via New Marketing Group
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Shearson Lehman Brothers Inc.'s non-bank bank, the Boston Safe Deposit & Trust Co., has created a marketing group that will offer pension plans and other tax-exempt plans its investment management systems in addition to its bread-and-butter custody services. The move is in line with custodians' attempts to diversify in the face of increasing commoditization of the services they offer.
Boston Safe's major product in the fight to offer customers investment management systems will be its new
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