WASHINGTON:
A CONFLICT with the majority leader led Sen. Robert C. Smith, R-N.H., to cancel a hearing on his Superfund reform bill - which contains lender liability provisions. Page 2
BANKERS SAY regulators' latest plan for measuring rate risk will take a lot of time and money but won't help them manage the risks posed by sharp rate swings. Page 2
REGIONAL BANKING:
HIBERNIA PLANS to provide $30 million in venture capital to small companies that do not yet qualify for bank credit. Page 4
COMMUNITY BANKING:
JUST EIGHT MONTHS after going public, a Michigan thrift is mired in a proxy fight over its future. Page 6
A STRUGGLING Connecticut thrift seems to have capped its four- year fight for survival in the third quarter, with a bulk sale and sales contracts for almost $11 million of real estate assets.
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MORTGAGES:
KEYCORP has quietly hired a new mortgage chief, as part of a broader strategy to shore up consumer lending. Page 8
THE REAL ESTATE Settlement Procedures Act - the collection of rules governing referrals, kickbacks, and consumer protection in mortgage settlements - will be getting a muzzle unless President Clinton steps in with a veto. But bankers aren't cheering. Page 8
INVESTMENT PRODUCTS:
BANKERS ARE hungrily eyeing mutual fund wrap accounts, which are booming as consumers turn to professionals for help with their investment decisions. Page 14
ALLIANCE CAPITAL Management has hired a former First Chicago executive in an effort to boost business with banks. Page 14
TECHNOLOGY:
NATIONSBANK has begun moving its corporate customers to a centralized cash management system that makes use of new interstate banking regulations.
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PREMIER BANCORP is rolling out a low-cost cash management service for its small-business customers, using software and network services from Harbinger Corp. Page 13
CREDIT/DEBIT/ATMs:
AMERICAN EXPRESS and Visa are on opposite sidelines as the Dallas Cowboys' dispute with the National Football League escalates. Page 10
CREDIT CARD Network said it has brought 14 card issuers together at one Internet address, so consumers browsing the World Wide Web can apply on-line for their credit cards. Page 11
FINANCE:
A STRONG earnings statement by Barnett Banks Inwon a positive analyst report - for its big southeastern rival NationsBank. Back page
