factor of 10 -- $30 billion instead of $3 billion - the amount of Bank of America Corp.'s 10-year commitment to making home loans to low- and moderate-income families through a nonprofit housing group.

A page 5 story in Wednesday's paper, FASB Derivatives Rule Getting Cool Reception, incorrectly reported that SunTrust Banks Inc. was accused by the Securities and Exchange Commission of using its loan-loss provisions to boost earnings. The SEC asked SunTrust to restate its reserves to lower levels and revise its earnings upward for 1994, 1995, and 1996.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.