When banking, securities, and insurance are blended by the Gramm-Leach-Bliley Act in mid-March, Comptroller of the Currency John D. Hawke Jr. expects commercial banks to dominate the conglomerates created.

"The banking relationship is going to be the nexus for selling a lot of these other products," he said in an interview Friday. "That's why I feel so strongly that the benefit of those business opportunities ought to go first to the bank."

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