WASHINGTON Bank and thrift executives attacked a proposal that would require all Federal Home Loan Bank borrowers to prove that they support first-time homebuyers. Page 2 REGIONAL BANKING Sanwa Bank California wants to bring the resources of its formidable Japanese parent to Hollywood. Page 6 TECHNOLOGY ON-LINE BANKING: Executives at Internet pioneer Security First Network Bank want their first physical facility to be referred to as a "city office." So please don't call it a branch. Page 29 MORTGAGES Just one or two California thrift acquisitions could significantly alter the key cost-of-funds index that determines interest charges on many adjustable-rate mortgages, a securities analyst said. Page 12 WMC Acquisition, which will buy Weyerhaeuser Mortgage, does not fit the consolidation mold in the mortgage banking industry. Page 13 INTERNATIONAL THERE'S mORE TO Citicorp's emerging-markets strategy than just a highly visible consumer banking business. Net income from corporate business in emerging markets jumped 28% last year, to $1.5 billion. "As emerging markets develop, the international banks (doing corporate banking) tend to be marginalized," said chairman John Reed. "We are attempting to reverse that trend." Page 10 INVESTMENT PRODUCTS Since Mellon bought Dreyfus, a more aggressive management strategy has been paying off. Page 15 One month after setting up shop in Manhattan, trust officers from Michigan's Comerica are declaring their move to New York a success. Page 16 CREDIT/DEBIT/ATMs Two banks and a credit union are formally introducing Mondex in Canada. Page 27 Dean Witter Discover signed a deal with the Smithsonian Institution to market a credit card that will be introduced later this year. Page 27 COMMUNITY BANKING For two years Iowa's Amerus beat its chest about not charging customers who use other banks' ATMs. Now it's beating a retreat from that policy. Page 30 A West Virginia bank company is buying a big stake in a community bank start-up - with hopes of taking it over. Page 30 MARKET MONITOR Salomon Brothers cut its rating on CoreStates Financial to "hold" from "strong buy," citing a high share price and disappointing savings from the merger last year with Meridian Bancorp. Back page A Prudential Securities analyst reiterated a "buy" rating on Mercury Finance stock. Back page
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