Today's News

WASHINGTON

House Banking Committee officials are floating a financial reform compromise that would preserve the thrift charter, but limit its powers. Page 3

REGIONAL BANKING

Dime is preparing to blitz the New York banking market with a campaign to woo consumer deposits away from its larger competitors. Page 4

COMMUNITY BANKING

Despite industry consolidation, the 18th annual National Conference for Community Bankers drew as many bankers as last year-1,500 people seeking an edge in the struggle for survival. Page 5

Unable to muscle its way into supermarkets, a small Los Angeles bank is installing its automated teller machines in fitness centers. Page 5

INVESTMENT PRODUCTS

Chase has accelerated a program designed to boost insurance sales and lead to more cross-selling opportunities for other investment products. Page 7

To build its discount brokerage business, Barclays Stockbrokers said it would pursue customer accounts from Fidelity Brokerage Services' British unit, which is set to close this month. Page 7

CORPORATE FINANCE

Fleet executives say the recent streamlining of the commercial banking unit will help put more emphasis on investment banking and other corporate finance activities. Page 8

TECHNOLOGY

Under a law requiring most federal payments to be made electronically by Jan. 1, banks must either adopt a national financial EDI standard or risk losing the business of corporate customers who get such payments. Page 9

Compaq's plan to buy Digital Equipment would extend the reach of the world's largest personal computer maker in the financial services industry. Page 9

MARKET MONITOR

An analyst at Brown Brothers Harriman says NationsBank "is increasingly a power to be reckoned with" and capital market activities are providing much of the muscle. Back page

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