WASHINGTON
The Senate Banking Committee is expected to approve legislation by the end of the month that would roll back more than 40 bank regulations. Page 4
REGIONAL
Opposition to State Farm's application for a savings bank charter may be a sign of renewed activism on community reinvestment issues and of how nonbank companies will be forced to respond. Page 5
COMMUNITY
Glen Burnie Bancorp of Maryland has survived a hostile takeover attempt, but it is not taking any chances. Page 8
MORTGAGES
In a new report, a First Chicago NBD economist observes that the 1990s were supposed to be a "dismal decade" for housing; it has been been anything but. Page 12
CARDS
ITT Sheraton signed a promotional deal with Visa that may spell the end of the hotel company's relationship with American Express. The hotel chain, which says it will focus on the Visa program, will have to walk a fine line to keep both partners satisfied. Page 16
EYES ON CREDIT: The bout with bankruptcies and delinquencies has at least one consumer credit industry executive questioning its dependence on the science of credit scoring. Page 14
CORPORATE FINANCE
Citicorp plans to combine its global presence and securitization expertise to change the way companies all over the world manage debt. Page 17
INVESTMENT PRODUCTS
Two months after closing its deal for Barnett Banks, NationsBank is selling the Florida bank's institutional trust business to CCB Financial. Page 23
TECHNOLOGY
International Billing Services announced an alliance with NetDelivery that will let companies bill customers on-line without going through banks or other data consolidators. Page 25
MARKET MONITOR
The U.S. current account deficit burgeoned to $166.4 billion last year, the second-biggest gap on record, and it is expected to widen considerably this year, gradually slowing the economy. Page 33
WEEKLY REPORT: SMALL BUSINESS
A Connecticut entrepreneur seeking a long-term bank relationship was impressed when First Union granted him an SBA loan weeks before the New England banks he contacted returned his calls. Page 9