A POLITICAL CLOUD hanging over the OCC for nearly a year was lifted when Sen. Phil Gramm ended his investigation of political activities by national bank examiners. Page 2
LENDERS to the battered long-term health-care industry will be watching Vencor closely over the next few months as the nursing home operator tries to sort out its debt woes. Page 3
FEES FOR UNDERWRITING junk bonds have fallen dramatically over the past five years, as more and more commercial banking companies have entered the market. Page 3
MOST ANALYSTS hailed the pending $3.6 billion merger between Dime and Hudson United that was announced Wednesday. Back page
DAVID COULTER, who resigned as president of Bank of America last October, is reportedly near joining Beacon Group, a New York buyout and merger advisory firm. Mr. Coulter was chairman of the old B of A before its merger in September 1998 with NationsBank. Back page
A SMALL mortgage bank with an Internet slant plans an initial public offering. Page 6
ABN AMRO and Compass have joined the list of banks giving high sales priority to mutual funds from Alliance Capital Management. Page 7
SEC CHAIRMAN Arthur Levitt Jr. says better disclosure is necessary to ensure that investors are not led astray by the hype on day trading. Page 7
EDS IS DIVING headfirst into the European market for electronic bill presentment. Page 8
SHELVING the 12-year-old tag line "It pays to Discover," Morgan Stanley Dean Witter is changing the emphasis in its card advertising. Page 9
