Today's News

WASHINGTON Nearly 2,200 branches are exempt from a proposal to impose CRA-like standards on institutions branching across state lines. Page 2 IBAA CONFERENCE: Gathering in Phoenix for its annual meeting, the community-bank trade group couldn't feel much lonelier. Page 3 TECHNOLOGY ON-LINE BANKING: More people are using the Internet to shop, according to a survey conducted by Nielsen. Page 6 PNC Bank has begun offering a remote-banking program that lets customers transfer money between the bank and accounts they hold elsewhere. Page 7 MORTGAGES Fund American is giving its Source One unit a shot in the arm by pumping $134 million in common equity onto its balance sheet. Page 8 PNC will reinsure mortgages through a new subsidiary that will be up and running within the next two months. Page 8 REGIONAL BANKING It's not easy being a banker and a mom, but several banks are changing that, says WorkingMother magazine. Banking is "still dominated by men," said Alice L. Lehman of First Union, which made the magazine's list of best companies for working moms. "But we are moving up." Page 4 COMMUNITY BANKING A high-flying Oklahoma bank is predicting a drop in earnings due to a big loan gone sour. Page 12 INVESTMENT PRODUCTS Nonbank firms entering the trust market deny that they're moving in on banks' territory. Page 14 A manager at Strong Capital Management has talked two of her former Bankers Trust colleagues into joining her at the Milwaukee firm. Page 14 CREDIT/DEBIT/ATMs Demand from nonbank firms last yearkept ATM manufacturers busier than ever before. Page 17 Cybermark will manage and promote Florida State University's campus smart card system. Page 18 MARKET MONITOR ABN Amro plans to join the growing ranks of foreign banks that are listed on the Big Board. Page 24 Equity analysts boosted earnings-per-share forecasts for H.F. Ahmanson. Page 24 WEEKLY REPORT: INTERNATIONAL Bank of Boston has underwritten and sold a $100 million Eurobond for an Indonesian financial and industrial conglomerate. Page 10 Wachovia has plans to expand in London and offer a payments and collections network for multinational companies. Page 10

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