Corrections: 04/18/98

An April 8 article on page 16 about the appointment of Robin Abrams as president and chief executive officer of Verifone Inc. gave an incorrect effective date. The appointment took effect immediately.

***

An April 3 story, "Fleet Raids Household for Card Unit's Top Management" (page 13), misstated a consultant's argument that Fleet Financial Group would have trouble achieving double-digit growth in its card portfolio. James Shanahan of Business Dynamics Consulting noted that demand for revolving credit was growing only 6% to 8% annually, not that interest rates were in that range.

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