WASHINGTON
The banking industry appears to be headed for a showdown with the Clinton administration over the interest rate on student loans. Page 2
REGIONAL
Four regional banks are involved in a new Web site that aims to change the way consumers shop for loans. Page 4
COMMUNITY
A restless institutional investor is angling for more control of HMN Financial, a $542 million-asset thrift company in Spring Valley, Minn. Page 6
INVESTMENT PRODUCTS
Responding to competitive pressure, several leading banks are offering their well-heeled customers access to sophisticated hedge funds. Page 9
MORTGAGES
No one thinks that the mortgage origination environment is about to turn into a wasteland, but with interest rates edging upward, some think April could be a crueler month. "There would be some modest decline if interest rates stay at this level," said Stanford L. Kurland of Countrywide. Page 8
CORPORATE FINANCE
Bankers Trust and Credit Suisse First Boston are leading a $600 million loan package for London-based Cadbury Schweppes. Page 10
CARDS
Morgan Witter is selling the controversial credit card program it has offered with NationsBank for four years. Page 13
TECHNOLOGY
IBM is transferring the ownership and operation of its check image software development unit to its business partner Check Solutions of Memphis. Page 15
MARKETS
Bank stocks fell with the rest of the market after Intel, the computer chip maker, warned of disappointing first-quarter profits. Back page
