Franchises

CITIZENS THE FRONTRUNNER TO BECOME CELTICS' BANKER

9.19.1997

          The Celtics "are likely to move their business to
     Citizens Financial Group," sources familiar with the talks
     tell Charles Stein of the BOSTON GLOBE.  The team is "on the
     verge of severing their relationship" with Fleet Financial
     Group.  Yesterday BankBoston "dropped out of the race" for
     the team's account.  BankBoston Exec VP Ira Jackson: "We
     looked hard at the numbers and simply couldn't make them
     work" (BOSTON GLOBE, 9/19).

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