Today's News

BankBoston vice chairman Paul F. Hogan is working to turn New England's most traditional corporate lender into more of a financial supermarket. Page 11

WASHINGTON

BANKERS are worried that pro-consumer provisions in the financial services reform bill that the House passed would leave them open to discrimination by state officials and impose new regulatory burdens. Page 2

No consensus emerged during a daylong hearing on the investment practices of the Federal Home Loan banks. Page 4

REGIONAL

The SEC chairman urged mutual fund directors to take a more active role in looking out for their funds' investors. Page 5

COMMUNITY

Some investors in Alliance Bancorp say the Hinsdale, Ill., company may have agreed to pay too much in its latest buyout deal. Page 7

MORTGAGES

Housing policymakers were presented with a chicken-or-egg riddle last week with the release of a study that calls into question the government's loan guarantee program for minority borrowers. Page 10

INVESTMENT PRODUCTS

Vying for more shelf space at banks and other brokerages, mutual fund companies are boosting the sales commissions they pay to brokers. Page 12

CARDS

Since MasterCard created a distinct group to market corporate cards, its product line has expanded from two to six, and the products are being used in 72 countries, up from 50. Page 15

TECHNOLOGY

Training once done in the classroom or with computer software is moving to the Internet. Page 17

MARKET MONITOR

Beneath the stodgy surface of investment banking roars a tumultuous world where firms battle for the next big deal. The bankers at Lehman Brothers have been winning a lot of these hidden matches recently. Page 25

WEEKLY REPORT: SMALL BUSINESS Page 8

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