The Basel Committee on Banking Supervision today will issue papers proposing global standards for credit risk. Page 2


Amsouth said it will cut 150 commercial banking jobs from its Birmingham, Ala., headquarters as it moves that business to Nashville. Page 6

France's BNP said it would buy nearly 2.1 million additional shares of BancWest, which would restore its ownership stake to 45%. Page 6


Each bank needs a policy on charitable giving and a starting point is to survey employees on which groups to help, Paul Nadler suggests in his Weekly Adviser column. Page 8


Insurers expect 10% of middle-income Americans to buy life insurance on- line by 2003, a survey found. Page 9


By 2002 more than 80% of the 25 top mortgage lenders will accept applications on-line for immediate processing, Gartner Group predicts. Page 10


Providian, MBNA, and Royal Bank of Canada have agreed to test QPass' PowerWallet for on-line shopping. Together they have 30 million credit card holders who are potential electronic wallet users. Page 12

Cybercash is offering its Instabuy one-click shopping service to thousands of merchants who are CashRegister customers. Page 12


BankBoston has trained 40 technical employees in Internet-related technologies with customized curriculums taught by Technology Resource Group. Page 13


Bank stocks outpaced broader markets to recover ground after last week's pounding. Back page

American Express reported an 11.8% gain in net income on strong performances in its Travel Related Services and Financial Advisors units. Back page

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