Ten House Republicans introduced a bill that would prevent implementation of the proposed know-your-customer rule. Page 2

Three bank and thrift trade groups blasted the National Credit Union Administration's business lending rule, arguing that loopholes would let credit unions evade congressionally imposed caps. Page 3


Deutsche Bank named two Bankers Trust executives to the 13-member global steering committee that would oversee private banking after the completion of their merger. Page 4

Associated Banc-Corp of Green Bay, Wis., is under pressure to cut costs faster in the integration of a 1997 acquisition. Page 5


A battle is brewing in Indiana over proposed legislation that would let counties, cities, and towns invest in mutual funds. Page 6


With an eclectic mix of businesses in 79 countries, HSBC Holdings of London says it tries to act globally while adapting to local markets. The company will "have different products in different markets, depending on the market," says Malcolm Burnett, chief executive of HSBC Americas. Page 10

CHASE is teaming up with a bank in India to develop local-currency cash management, financial advisory, and other wholesale banking activities in that nation. Page 11


Mellon appointed a chief operating officer for Dreyfus Global Investors, its international asset management unit. Page 9


THOUGH Internet-based financial services are all the rage, many financial institutions still hesitate to make the leap to cyberspace. Page 12


More community banks are selling loans to private conduits or indirectly to wholesalers. Page 16

The waters may be calmer this year in the market for securities based on home equity and manufactured-housing loans, Moody's said. Page 16


Deutsche Bank appointed a president and CEO of its U.S. securities subsidiary. Page 24


BankAmerica came to market with the banking industry's largest-ever issue of senior notes, adding to the recent deluge of such activity. Back page

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