Editing BankBoston (section)

===First National Bank of Boston ===
[[File:First National Bank of Boston 1921.png|thumb|right|First National Bank of Boston logo, c. 1921]]
[[File:Bank of Boston 1982 logo.png|thumb|right|Bank of Boston logo, c. 1982]]

In 1903, The Massachusetts Bank merged with The First National Bank of Boston amidst a wave of consolidation in the banking industry at the start of the 20th century. First National had been founded in 1859 as Safety Fund Bank, changing its name in 1864 when it joined the [[National bank (United States)|national bank system]]. After a year operating as The Massachusetts First National Bank of Boston, the combined firm dropped the usage of "Massachusetts" in the name.

On December 24, 1927, Bank of Boston's headquarters in [[Buenos Aires]], Argentina, were blown up by the [[Anarchism in Italy|Italian anarchist]] [[Severino Di Giovanni]], in the frame of the international campaign supporting [[Sacco and Vanzetti]].

Despite the [[Wall Street crash of 1929]], the First National Bank of Boston continued to grow in 1929, purchasing the Old Colony Trust Company. However, following the passage of the [[Glass–Steagall legislation]] in 1933, which prohibited commercial banks from engaging in investment banking and securities dealing, First National Bank of Boston was forced to divest its [[investment banking]] arm, the [[First Boston]] Corporation.

In 1970 the Bank of Boston reorganized under a new holding company, First National Boston Corporation, and began a series of acquisitions of regional banks through the 1970s and 1980s. In 1978, the bank challenged a Massachusetts law limiting bank contributions to political issues. The U.S. Supreme Court sided with the bank that their First Amendment rights were being restricted, in ''[[First National Bank of Boston v. Bellotti]]''. In 1982, the bank renamed itself Bank of Boston. In 1985 Bank of Boston acquired Connecticut-based Colonial Bancorp and in 1987 acquired BankVermont Corporation.