Capitalizing on Fleet exodus

Competing firms hope to gain by snapping up experienced employees

By Sasha Talcott

Globe Staff / September 10, 2004

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William B. Maag spent weeks meeting Sovereign Bancorp executives at obscure suburban restaurants, taking phone calls on the sly, and hashing out a business proposal at a country club near the New Hampshire border. While his colleagues at FleetBoston Financial Corp. vied for new jobs at Bank of America Corp. after the banks' merger, Maag realized early on that the ... (Full Article: 1126 Words)