BANK EXAMINERS are getting new instructions on Internet supervision, the OCC says. Page 3
BANKING DELEGATES and members of an International Accounting Standards Committee group butted heads at a meeting in London on fair-value accounting. Page 3
ACQUISITIONS, credit card securitizations, and branch sales helped Wachovia report a 13% gain in third-quarter net income. Page 6
BEAR STEARNS reported profits 146% higher than in the same period a year earlier. But earnings missed analysts' expectations. Page 7
BANK OFFICERS and directors should start preparing investors now for an inevitable drop in earnings, consultant Alex Sheshunoff says. Page 9
A PODESTA & CO. analyst has some advice for Associated, Wisconsin's third-largest banking company: Sell. Page 9
THE SEC proposed to put independent directors in the majority on the boards of fund companies. Paul F. Roye, director of the investment management division, said the initiative is designed to help protect shareholders' interests. Industry observers had mixed reactions. Page 10
ACQUISITIONS were a major factor in the big jump in third-quarter earnings of Associates First Capital. Page 12
FREED FROM AN EXCLUSIVE contract with Intuit, Mortgage.com has moved quickly to license its technology to other companies. Page 12
FEARS OF YEAR-2000 problems have stalled the sales of core banking software built on client/server systems, which rely heavily on personal computers. Page 15
CARDSERVICE INTERNATIONAL has always catered to start-ups, and today the credit card processor says its fit with the Internet couldn't be better. Page 17
BEWARE the October curse. That's how some traders are explaining the fall of bank stocks for the third day in a row. Back page
