Today's News

WASHINGTON

The Office of the Comptroller of the Currency has broadened national banks' authority to sell crop insurance. Page 2

The government is expected to continue fighting the more than 120 so- called regulatory goodwill cases despite a judge's plea to settle. Page 3

REGIONAL BANKING

NationsBank said it will cut more than 6,000 jobs as it completes its merger with Florida's Barnett Banks. Page 5

COMMUNITY BANKING

Michigan community bank stocks spiked last month in the wake of National City Corp.'s $7 billion deal to buy First of America Bank Corp. Page 6

MORTGAGES

Centex of Dallas is the latest entrant in the manufactured-home loan market. Page 7

CORPORATE FINANCE

First Security of Salt Lake City has received approval from the Federal Reserve to establish an investment banking and securities subsidiary. Page 10

CREDIT/DEBIT/ATMs

Citibank and American Airlines added a platinum option to their AAdvantage line of cards for frequent travelers. Page 12

TECHNOLOGY

Atlanta-based Harbinger, one of the banking technology stocks hardest hit by October's market troubles, has had a modest rally. Page 14

INVESTMENT PRODUCTS

First Data Investor Services Group has been muscling its way in to the bank funds administration and distribution business. Since October, the Westborough, Mass.-based company has acquired bits and pieces of its competitors' business. But observers said the deals were not a great loss to the industry's leaders. Page 15

MARKET MONITOR

text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. text here. Page 31

WEEKLY REPORT: SMALL BUSINESS

Dime is one of the few large thrifts trying to break into small-business banking. Eleven small-business sales officers offer credit and deposit accounts as well as asset-based lending and equipment leasing. Page 8

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER