the ALL program has been run on this file

WASHINGTON

The American Bankers Association used its annual convention as the launching pad for a last-ditch, grassroots effort to convince the Senate to pass financial reform. Departing ABA president William T. McConnell told bankers to follow up this week with calls urging senators to support financial reform. "We just cannot quit," he said. Page 3

REGIONAL

Fee-based businesses, which have helped fuel robust bank earnings in recent years, are turning into an industry albatross, one bank analyst said. Page 6

The money that banks have poured into technology may be squandered unless employees are trained to use customer data bases, a consultant said. Page 6

COMMUNITY

Community Trust Bancorp in rural Kentucky said that it would take a $7.25 million charge in the third quarter to cover troubled indirect loans. Page 7

A New York law that grants tax breaks to banks opening branches in depressed neighborhoods is being expanded to include the state's thrifts. Page 7

INVESTMENT PRODUCTS

Though many investment companies tout teamwork over individual exploits, marquee names remain a big draw for such firms and for the investors who entrust money to them. Page 8

MORTGAGES

HOME EQUITY: Lenders, hard up for capital, issued a battery of asset- backed securities at the end of September, despite unfavorable pricing. Page 10

DIGITAL FRONTIERS

SMART CARDS: The European Central Bank has reaffirmed a preference that electronic money be issued primarily through regulated financial institutions. Page 11

CARDS

Banc One's First USA unit has teamed up with CyberMark to combine a conventional credit card with a smart card. Page 12

TECHNOLOGY

The euro is not just a computer problem, like the year-2000 bug, but many U.S. banks are treating it that way, a software executive says. Page 14

CORPORATE FINANCE

PNC Bank Corp. expects to have a debt capital markets division up and running by November. Page 25

MARKETS

Chase Manhattan has lent about $3.2 billion to hedge funds, including the troubled Long-Term Capital Management LP, Chase executives told analysts. Back page

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