Jr. for a full, five-year term as comptroller of the currency. Page 3
THE FOUR federal bank and thrift agencies adopted a rule that makes it easier for unaffiliated institutions to share officers and directors. Page 3
BANK OF AMERICA will spend $30 million to $50 million to sponsor the U.S. Olympic Team and related activities at next summer's games in Sydney, according to sports sponsorship analysts. Page 4
LEHMAN BROTHERS nearly doubled its third-quarter earnings. Page 4
FOLLOWING MONTHS of rising rates, a price war is in full swing in mortgage lending. Page 9
AN EARNINGS WARNING this week from a Michigan thrift company underscored the toll that higher rates are taking on mortgage lenders. Page 9
THE BANKING scene is changing in Evansville, Ind., with Fifth Third moving in. But Old National's chief executive officer, James A. Risinger, seems un-fazed by the impending competition. In his main markets, he said, "We want to be on top." But he is not unaware of the challenge the new competition will bring. Page 8
CHAIRMAN Arthur Levitt Jr. says the SEC may call for establishing a single body to oversee intermarket trading. But each market would still be responsible for its own "regulatory and surveillance function." Page 10
A MINNEAPOLIS investment products marketing boutique with 12 bank clients is trying to more than double its client base by the end of next year. Page 10
FINANCIAL institutions are expected to stunt their investments in technology after years of double-digit percentage increases, according to a survey. Page 13
THE INTERNATIONAL trade industry is on the brink of a radical Internet-driven transformation with the advent of two new companies. Page 14
JAPAN is on the verge of selling the insolvent Long-Term Credit Bank to a U.S. leveraged buyout group, said a source close to the transaction. Page 22
SHARES of Bank of America jumped almost 3% as beleaguered bank stocks started to attract bargain hunters. Page 24
