The newest member of our quarterly roundtable, Richard X. Bove of Raymond James &Associates, has a simple approach to bank stocks: "Just keep buying." Industry consolidation and the year-2000 problem were also on the agenda.,Page 16
WASHINGTON
Citicorp finally threw its considerable weight behind the financial reform bill the House plans to vote on next month.,Page 4
COMMUNITY,Page 10
MORTGAGES
Argentina is becoming a spawning ground for mortgage securitization in Latin America, according to an annual report from Standard & Poor's. Page 13
CORPORATE FINANCE
Iridium, a global wireless communications company, can breathe a little easier as it nears completion of its $5 billion satellite network.,Page 14
INVESTMENT PRODUCTS
The two big mergers announced this week would produce organizations with large mutual fund families that would still be middle-of-the-road when it comes to producing revenues, observers say., Page 18
DIGITAL FRONTIERS
ON-LINE BANKING: Princeton Telecom has formed alliances with two of California's largest utility operations.,Page 22
Digital Signature Trust said it has won a key certification role in the Automotive Industry Action Group's electronic data interchange system. Page 22
TECHNOLOGY
The Federal Reserve System has settled on the Triple DES technique to ensure security of funds transfers and other sensitive messages.,Page 23
MARKETS
A rare downgrade for Norwest - on the heels of a positive first quarter - took some steam out of one of the industry's better-regarded stocks. Back page
WEEKLY REPORT: INTERNATIONAL
To serve a growing appetite for Western financial products, Citicorp plans to open an additional five to 10 branches in Japan over the next few years.,Page 6
