Today's News

WASHINGTON

The Minneapolis Fed revised its controversial proposal to limit deposit insurance., Page 2

REGIONAL

Analysts are expecting strong gains in first-quarter earnings at the nation's biggest banks, fueled by improvements in loan growth, asset management, and corporate finance.,Page 6

Using Marilyn Monroe, George Burns, and Babe Ruth to make the point, Minneapolis-based U.S. Bancorp is trying to convince its customers that changing a name is not so bad., Page 6

COMMUNITY

In the latest skirmish in a five-year feud, an activist shareholder has mounted a campaign to force the sale of Eagle Bancshares, a Georgia thrift. Page 8

DIGITAL FRONTIERS

ON-LINE BANKING: Relations between software companies and banks thawed a bit when Meca Software received permission to customize Intuit's Quicken. Meca CEO Paul D. Harrison says he had no problem with the package, "but I have always had a problem with the business model.",Page 18

National Commerce in Memphis is demonstrating its new Internet banking software on laptop computers at its branches.,Page 18

CORPORATE FINANCE

Donaldson, Lufkin & Jenrette is bringing real estate expertise to its bank loan effort, hiring a BT Alex. Brown executive to help sell and syndicate bank loans for realty companies., Page 9

INVESTMENT PRODUCTS

Bankers and industry experts disagreed at a conference as to the extent banks will embrace the fee-based approach for retail mutual fund sales. Page 10

MORTGAGES

Cityscape said it has a definitive agreement to sell its troubled U.K. operations to distressed-asset specialist Ocwen Financial for $477 million. Page 15

CARDS

Citibank has won the first major card-issuing contract under the General Services Administration's new commercial card program., Page 17

MARKETS

Northern Trust would be a prime beneficiary if NationsBank mishandles its purchase of Barnett Banks, a William Blair & Co. analyst says.,Back page

WEEKLY REPORT: INTERNATIONAL

After years of effort, U.S. commercial banks are beginning to crack the market in Japan for pension fund management.,Page 12

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