NATIONAL/GLOBAL

PNC's earnings rose 21% in the first quarter, aided by gains in several consumer-oriented businesses. Profits were up 24% at Unionbancal and 25% at Zions of Utah. Page 3

Banks need to find experienced partners if they want a piece of the consumer finance business in emerging markets, according to a study. Page 5

COMMUNITY/REGIONAL

First National Bank in New Hampton, Iowa, sprang into action when the manufactured-housing market near Cedar Rapids took off. Page 6

Activist investor Seymour Holtzman lost long-odds battles to force the sale of two mutual holding companies in the Northeast. Page 7

MORTGAGES

Securities backed by mortgages made in Israel may be the next investment products to hit the secondary market. Page 8

WASHINGTON

The Senate confirmed Gary S. Gensler as the Treasury Department's top banking policymaker. His nomination had been stalled since January by Sen. Strom Thurmond, who had a beef with the Treasury about wine bottle labels. Mr. Gensler is an ex-Goldman Sachs partner who joined the Treasury two years ago. Page 2

INVESTMENT PRODUCTS

Bankers attending an insurance conference were told, "Clients don't want to be sold. They want to be advised." Page 9

A bid to increase mutual fund sales through banks has fallen by the wayside as the bull market fuels sales across the board. Page 9

CARDS

IVI Checkmate of Atlanta bought DataCard's financial services division. Page 10

DIGITAL FRONTIERS

The new president and chief executive officer of Transpoint faces plenty of challenges. But Lewis Levin says launch is "imminent" for the electronic bill presentment venture. Page 12

TECHNOLOGY

Nacha approved a rule for converting checks written at the point of sale into electronic debit items. It could apply to about 25% of all checks. Page 13

MARKETS

Deutsche Bank's deal for Bankers Trust won the approval of the European Union. Back page

regional bank shares failed to advance sharply with other stocks, and two companies - Bank One and Huntington of Ohio - were downgraded. Back page

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