The Judiciary Committee voted to send bankruptcy reform legislation to the full Senate. Page 2

Legislation to curb year-2000 lawsuits is advancing through Congress but faces stiff opposition from plaintiffs' attorneys and consumer groups. Page 2


California is working on legislation that would allow state-chartered credit unions to add members from outside the United States. Page 7

Agricultural bankers should be prepared for at least two more difficult lending years, a university economist warned. Page 8


HUD is about to fuel the fight over the mission of Fannie Mae and Freddie Mac with a new rule to limit their nonmortgage investments. Page 12

Shares of the handful of remaining independent home equity lenders have rebounded from rock-bottom levels after reporting improved results for the first quarter. Page 13


ABout 16% of investors who do not trade on-line expect they will start doing so by the middle of next year, according to an Internet research firm. Cyber Dialogue's forecast is based on a 1998 survey that also found America Online far ahead as the most-used site for financial management. Page 16

Bank of Oklahoma said it has lowered excess cash inventories at its branches by 24% using software from Carreker-Antinori. Page 16


Massachusetts Financial Services has rolled out four new euro- denominated mutual funds for the European market. Page 11


Taiwan's national payment network endorsed the Visa Open Platform technology, saying it expects to have one million smart cards in circulation by 2001. Page 14


Hypercom's chairman said smart card technology will be viable only if infrastructure changes go hand in hand with product innovations. Page 15


Stocks of small regional banking companies are finally showing some signs of life after turning in solid earnings. Page 26

Large finance companies are still hurting from past mistakes but showing strong growth in existing operations. Back page

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