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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                        


                                   FORM 8-K
                                        
                                CURRENT REPORT
                                        

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported):  January 21, 1999




                            BANKBOSTON CORPORATION
             (Exact name of registrant as specified in its charter)


        Massachusetts                1-6522                04-2471221
(State or other jurisdiction      (Commission            (IRS Employer
       of incorporation)          File Number)         Identification No.)
 

100 Federal Street, Boston, Massachusetts                    02110
(Address of principal executive offices)                  (Zip Code)



Registrant's telephone number, including area code:  (617) 434-2200


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                                       -2-

Item 5.  Other Events.
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    On January 21, 1999, BankBoston Corporation (the Corporation) issued a press
release announcing its earnings for the quarter ended December 31, 1998.  The
financial information that is included herewith as Exhibit 99(a) was included in
the Corporation's press release and is incorporated herein by reference.

Item 7.  Financial Statements and Exhibits.
- -------------------------------------------

(c) Exhibits.

99(a)   Financial information included in the Corporation's Press Release dated
        January 21, 1999.

 
                                      -3-



                                   SIGNATURES
                                        


    Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                             BANKBOSTON CORPORATION



Dated:  January 22, 1999     /s/ Robert T. Jefferson
                             ---------------------------------------- 
                             Robert T. Jefferson
                             Comptroller