WASHINGTON

The Federal Home Loan Bank System would face sweeping changes to its capital and investments under a proposal issued by its regulator. Page 2

Credit unions would have to meet Community Reinvestment Act-like requirements under a plan from the National Credit Union Administration chief. Page 2

A bill introduced in Congress would let banks make over the Internet the disclosures required by consumer protection laws. Page 3

NATIONAL/GLOBAL

Deutsche Bank said net income rose 45% in the first six months of the year, to $1.9 billion, buoyed by a robust market plus a corporate income tax cut. Page 4

The cash-strapped Baltimore Ravens football team has brought in Deutsche Alex. Brown to draft potential investors. Page 4

COMMUNITY/REGIONAL Page 5

INVESTMENT PRODUCTS

ReliaStar's planned acquisition of the asset manager Pilgrim Capital may not be its last deal for an investment company, the insurer's chairman said. Page 8

Amcore is introducing on-line brokerage services in response to customer demand, initially offering securities trading, research, and stock quotes. Page 8

MORTGAGES

National City of Cleveland took a step toward diversifying its mortgage- asset mix with a deal for non-agency lender First Franklin of San Jose, Calif. Page 9

DIGITAL FRONTIERS

A venture that aims to be the first pan-European Internet-only bank expects to begin signing up customers within weeks, its CEO said. Page 14

Royal Bank of Canada said its marketing deal with AOL aims to get more people on-line and more companies involved with e-commerce. Page 14

MARKETS

Imperial Bank of Los Angeles said it has sold its remaining stake in Imperial Credit, a high-risk consumer lending unit. Back page

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.