No region of the nation has endured the current economic slowdown longer than New England. But Gunnar S. Overstrom, president and chief operating officer of Shawmut National Corp., the region's third-largest bank company, sees signs of revival

Shawmut's profits soared back to respectability in the last two quarters, primarily because problem assets are under control, expenses are down, and interest rate margins are wide. Now, Mr. Overstrom says in the interview below, the company is focusing on revenue growth, with a strong emphasis on fee-based products.

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