New York banks could receive community reinvestment credit for providing electronic services. Page 2

The July 1998 collapse of BestBank of Boulder, Colo., is expected to cost the Bank Insurance Fund more than $200 million. Page 2


To further diversify profits, Old Kent Financial Corp. is seeking permission to underwrite corporate and municipal securities. Page 5

ABN Amro of Amsterdam said it will consolidate the management of its retail and corporate banking operations across Europe. Page 6

Frank Newman says he has no regrets as he looks back on his three years as chief executive officer of Bankers Trust. "We can justifiably be proud." Page 6


E-Trade Group is planning to promote small and "undiscovered" mutual funds, which usually get scant attention from fund supermarkets. Page 9


Banks are pairing up with Internet portals in increasing numbers. Deals announced by Bank of America, American Express, Charles Schwab, and Citigroup are the latest in a spate of such deals. Some banks have said they intend to become portals with offerings related to financial services and beyond. Page 14


A West Virginia bank will offer unlimited Internet access at a favorable rate to entice more of its customers into banking on-line. Page 8

The CEO of a Los Angeles bank that serves Korean-American businesses abruptly resigned to take a similar post at a rival bank. Page 8


E-Loan, riding high on its strong Wall Street debut, has announced plans to expand into the global mortgage market. Page 10


ON-LINE BANKING: Web sites related to financial services make up only 4% of the top 500 sites, and none serve as portals, writes Diogo Teixeira. Page 12


Keefe, Bruyette & Woods began coverage of Minneapolis-based National City, predicting its stock would rise 29% over the next 12 months. Page 22

Defections of former Bankers Trust employees continued at Deutsche Bank, with the co-head of risk management resigning for personal reasons. Back page

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