TECHNOLOGY: BISYS GROUP Inc. said it has signed a definitive agreement to acquire Document Solutions Inc., a provider of check imaging systems. "We think their software is the best available for community banks," said Lynn J. Mangum, the outsourcer's chairman and CEO. Page 19 WASHINGTON: THE HOUSE Banking Committee convenes next week to mount a challenge to the 62-year-old Glass-Steagall Act. But the stiffest test may be the one facing the committee's 52-year-old chairman. Page 3 A CHICAGO-BASED community group has joined a rising chorus demanding that Congress leave the Community Reinvestment Act alone. Page 2 REGIONAL BANKING: BANK OF BOSTON Corp., seeking to refocus its Puerto Rican business on corporate banking, is selling off two of its five retail branches and closing a third. Page 4 BOWING OUT as president of Meridian Bancorp after 37 years in banking, Ezekiel S. Ketchum expressed regret that "the once protected franchise that we had as an industry is gone." Page 4 COMMUNITY BANKING: THE PRESIDENT of the Independent Bankers Association of America has blasted the American Bankers Association for "keeping its head in the sand" with regard to the deposit insurance premium controversy. Page 6 INVESTMENT PRODUCTS: LIBERTY FINANCIAL Bank Group is drawing on the money management expertise of a sister company in a bid to differentiate itself from rival investment product marketers. Page 9 WHEN TWO DOZEN disgruntled mutual fund investors picketed Great Western Financial Corp.'s annual meeting last week, the giant thrift responded with cold water - literally. Page 8 CREDIT/DEBIT/ATMs: AMERICAN EXPRESS Co. and MCI Communications are teaming up to offer savings to their mutual customers. Page 14 INFINET Payment Services this week unveiled a new set of operating rules that contain several significant departures from the electronic banking network's past procedures. Page 14

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.