Today's News

SPECIAL REPORT

Which analysts were most accurate in forecasting 1997 financial company earnings? Joseph Duwan of Keefe Bruyette, Nigel Dally of Morgan Witter, Michael Freudenstein of J.P. Morgan, and Thomas O' Donnell of Salomon Smith Barney were tops in American Banker's third annual survey. Pullout section

WASHINGTON

Senators questioned whether the government should further open the Federal Home Loan Bank System to community banks. Page 2

COMMUNITY

A group of Abigail Adams National Bancorp shareholders launched a campaign to oust its chairman and chief executive officer and three other directors. Page 5

REGIONAL

Huntington Bancshares' president, once considered the likely successor to the chairmanship, is resigning to start a consulting firm. Page 6

text here. Page 6

MORTGAGES

Bancomer is bringing the first mortgage-backed securities offering to market in Mexico. Page 8

Roslyn Bancorp hired a veteran leader of other Long Island thrifts' home-loan units to head its Residential First subsidiary. Page 9

INVESTMENT PRODUCTS

Dreyfus is close to teaming up with AMR Investments to offer mutual funds and other banking services to frequent fliers on American Airlines. Page 10

CORPORATE FINANCE

Once feared for its deep pockets and ability to buy up talent on Wall Street, Deutsche Bank is struggling to come to grips with a U.S. banking strategy gone badly awry. Page 11

CARDS

Visa, MasterCard, and American Express are increasing their advertising and promotions over the World Wide Web. Page 13

MARKETS

text here. Page 22

text here. Back page