The OCC gave national banks in Louisiana the green light to sell insurance from offices in big cities. Page 2

Despite the arrest of a former New York Fed examiner on charges that he stole confidential bankdocuments, experts said the industry has little to fear from this type of crime. Page 3


Norwest Mortgage has filed another suit in its bid to recover $40 million it lost when it bought fraudulent loans in a big California scam. Page 8


A Northern California subprime card specialist has relocated to Las Vegas to capitalize on Nevada's credit-card-friendly laws. Page 10


ON-LINE BANKING: Women, children, and baby boomers are the focus of various community-oriented Web sites being promoted by banks. Page 13


Michigan National is redesigning its branch system to boost revenues. It plans to close more than 50 traditional branches and replace many with supermarket offices. "The rationale has not been expense-driven," says CEO Douglas Ebert. "We have a finite amount of resources" and must invest them. Page 7


National Westminster has retreated from a decision to put all of its processing on servers running the Microsoft Windows NT operating system. Page 14


If a small florida company has its way, automated teller machines will soon be dispensing-not just accepting-cards. Page 15


BankAmerica said it would buy a 50% stake in Marsico Capital Management, a Denver-based mutual fund company. Page 17


NationsBanc Montgomery Securities appointed an ex-Salomon Smith Barney director to the executive committee of its Montgomery division. Page 33


Shares of National City have soared in recent weeks, but the stock is not likely to maintain its altitude, one analyst says. Back page


Troubled by a volatile economic environment, smaller banks are leaving the syndicated lending market for Latin America, senior bankers say. Page 22

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