WASHINGTON
Senate Banking Committee Chairman Alfonse M. D'Amato gave supporters of financial reform legislation new hope last week when he tentatively set his panel's vote on the controversial bill for Sept. 3. Page 5
INVESTMENT PRODUCTS
Two banks in the custody business - Mellon and Brown Brothers Harriman - announced new clients. Page 8
MORTGAGES
All of June's housing statistics are in, and there is no sign yet of the slowdown that economists have predicted for months. Page 9
Norwest Mortgage is overcharging borrowers for services when it originates loans, according to a class action filed last week in California. Page 10
COMMUNITY
Burdened with excess capital and frustrated in efforts to make acquisitions, three California thrifts are once again buying back their stock. Page 12
TECHNOLOGY
Chase Manhattan Bank's effort to conduct electronic data interchange over the Internet is going under. Down under, that is. Page 13
Telebanc Financial, a pioneer of telephone-based banking, raised $60 million in a 4.5 million-share offering July 23. Page 14
CARDS
Midwest Payment Systems, a unit of Fifth Third Bancorp, is coming out with new products for merchant customers and gaining market share in electronic funds transfer systems. The processor is "unique in that we're right up there in both" debit and credit, says Barry L. Boerstler, senior vice president of Midwest Payment Systems. Page 19
Even as Visa U.S.A. and MasterCard International continue to peck away at credit card fraud, new dangers to consumer financial privacy are lurking, according to testimony before the House Banking Committee last week. Page 23
CORPORATE FINANCE
Chase Securities is building up its European high-yield bond operation in anticipation of the European Monetary Union that goes into effect Jan. 1. Page 31
MARKET MONITOR
The nation's hearty economy is slowing a bit, but it is still headed toward setting a record for peacetime business expansions. Page 38
After a bruising two weeks in which its stock price fell 22%, shares of SunTrust Banks have started to show signs of recovery. Back page
