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January 27, 1995, 2:00 a.m. EST 1 Min Read

REGIONAL BANKING: SANWA BANK plans to resume growth in the United States in 1996, says Isao Matsuura, a managing director. Page 5 WASHINGTON: A FEDERAL JUDGE ruled that banks can link the interest rate on certificates of deposit to the performance of a stock fund. Page 2 FED CHAIRMAN Alan Greenspan urged Congress to adjust the tax code to favor savings and discourage consumption. Page 2 COMMUNITY BANKING: QUAKER CITY Bancorp in Los Angeles is still feeling the aftershocks from the Northridge earthquake last year. Page 6 FIRSTBANK Puerto Rico stock has appreciated a whopping 356% in the past five years, landing it on a list of top performers. Page 6 CHARTER FEDERAL Savings Bank, the back-from-near-death Virginia thrift famous for taking on the federal government, is again worried about some of its assets. Page 6 MORTGAGES: FANNIE MAE is under increasing pressure to pay some form of income tax to the cash-strapped local government in Washington. Page 8 INVESTMENT PRODUCTS: THE ARCHITECT of the National Association of Securities Dealers' controversial plan to regulate bank broker-dealers says the NASD is simply fulfilling its mission to safeguard customers. Page 13 FIRST INTERSTATE Bancorp has signed up with Standard & Poor's for help in selling a new retirement savings service. Page 13 CHASE MANHATTAN said it aims to be No. 10 in mutual funds in 10 years. Page 14 TECHNOLOGY: SHAWMUT NATIONAL is working hard to make room in its budget for innovative products and services. Page 17 SMALL BANKS are finding that imaging technology for check processing, though pricey, pays off because it reduces operating expenses and generates fee income. Page 18 CREDIT/DEBIT/ATMs: FRASER BULLOCK, president of Visa Interactive, says a new deal with Sun Microsystems is a vote of confidence for client-server computing. Page 16 MASTERCARD International Inc. president H. Eugene Lockhart went outside the credit card community to hire entrepreneur William Jacobs for a top administrative post. Page 15 FINANCE: J.P. MORGAN & Co. is merely joining other trading banks in implementing a cost-cutting initiative, analysts said. Page 24 MERRILL LYNCH & Co. firmly denied a widespread rumor that it was abandoning the mutual thrift conversion business. Page 24

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