Today's News

WASHINGTON

Regulators from around the world convened in Chicago to debate the proper response to global financial crises. Page 3

NATIONAL/GLOBAL

BankBoston plans to expand operations in Mexico, according to industry sources in Mexico City. Page 5

COMMUNITY/REGIONAL

A former vice president at Chase is the Maine governor's nominee for superintendent of banking. Page 8

INVESTMENT PRODUCTS

BB&T said it plans to keep its newly acquired broker-dealer separate from its in-house brokerage - a strategy favored by other banking companies. Page 10

Big brokerages and insurance companies are not the only new competitors in the trust business. Community banks are getting in on the act. Page 10

MORTGAGES

Tornadoes destroyed nearly 5,000 homes in five states, leaving thousands homeless and scores of lenders holding mortgages on piles of rubble. Page 12

DIGITAL FRONTIERS

Equifax Secure announced that several firms have joined its E-Commerce Partners Program, broadening choices for outsourcing Internet security. Page 15

TECHNOLOGY

Despite the current buzz about Internet banking, analysts say that the supply of the technology is still exceeding demand. Page 16

CARDS

In his book "The Limits of Privacy," sociologist Amitai Etzioni argues that the principle of privacy is often "privileged over the common good." Page 20

Cartel, which survived against all odds in promoting a national electronic banking network for smaller institutions, is trying to do it again on the Net. Page 22

MARKET MONITOR

"Sector rotation" is the latest Wall Street buzzword, and for one major investor it has meant "buy financials." Page 33

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