Today's News

NATIONAL/GLOBAL

SouthTrust said it has given the title of president to four executive vice presidents who head its most important business lines. Page 4

COMMUNITY/REGIONAL

Community banks are adopting a big-bank staple, getting into the joint promotions game to strengthen customer loyalty and build business. Page 13

MORTGAGES

A Los Angeles specialty lender is launching what it hopes will be a comeback with a 95% loan-to-value mortgage. Page 14

A Utah congressman wants to move the debate over the future of mortgage insurance to a new arena-the General Accounting Office. Page 14

INVESTMENT PRODUCTS

One insurer's marketing director has a lot of advice for banks looking to sell insurance through an independent agent. And he gives it away for free. Page 16

The SEC proposed a rule to prohibit "pay-to-play" practices among investment advisers to public pension funds. Page 17

CARDS

U.S. Bancorp has agreed to buy Voyager Fleet Systems, the fleet card tracking business of Associates First Capital. Page 18

Major U.S. credit card issuers have expanded internationally this year more than ever before, in hope of escaping the effects of market saturation at home. Page 19

DIGITAL FRONTIERS

An Internet bank expected to open late this fall, Nexitybank.com, says it plans to differentiate itself by emphasizing customer service. Page 20

TECHNOLOGY

Bank customers are expected to withdraw extra cash as 2000 nears, heightening fears that robberies will surge. Page 22

MARKETS

ING Barings' new banking analyst started fast from the gate, with definite opinions, including a "strong buy" on Chase. Back page

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