WARY OF jobs lost during big mergers, the Kansas Senate is considering a bill that would give the state the power to block deals if they would result in layoffs.
THE COMPTROLLER's office expects to finish a rough draft of insurance sales guidelines for banks in two weeks. The next step is a draft of exam procedures to make the new guidelines stick.
BANKERS AND REGULATORS are pleased so far with examinations under streamlined CRA rules. "It was definitely less burdensome," said one community banker.
GIVEN THAT 1995 was a banner year for banking, it's probably no surprise that the number of enforcement actions reported by regulators declined markedly from the previous year.
WHEN FIRST UNION's railcar leasing subsidiary bought an Illinois firm, it got 3,100 freight cars and some of the most advanced technology in the niche business.
TAKING ITS CUE from other regionals, Fleet Financial has set up an independent trade finance unit for customers doing business in Asia and the Pacific Rim.
SAYING THE MORTGAGE process takes too long, home builders this year are looking to form alliances with mortgage companies.
FANNIE MAE's vice chairman urged secondary market executives to let the agency help them securitize their old loans, thereby reducing risk.
BANKERS ARE being warned away from an apparent money-laundering scam originating in Nigeria and reportedly involving embezzled funds and bribe offers.
FIVE YEARS after being dumped as Pacific Western's president, James Kenny is back at the top of his game - having led San Jose National Bank to 17 straight quarterly earnings increases.
WHEN IT COMES to lending to the wealthy, the risks may be unusual, but they most definitely exist, bankers at an ABA conference were warned.
IN BRINGING trust and private bankers together at a unified conference, the ABA took a symbolic step toward dissolving the long- standing barriers between the two banking functions.
NATIONSBANK has augmented its traditional business card with the ability to handle travel and entertainment expenses.
WAS A NETWORK security firm doing bankers a favor by publicizing what it called a significant threat to the security of on-line payments? Or was it grabbing for publicity?
THE FEDERAL RESERVE has bought a Banctec image archiving system for U.S. government checks.
ROOSEVELT FINANCIAL, preparing to convert from a thrift to a bank, is taking a $34.8 million hit on its balance sheet for the fourth quarter of 1995 to account for a decline in the value of futures contracts used as a hedge.
BANKERS HAD WORRIED that the SEC's ruling that First Bank System couldn't make an immediate post-merger buyback signaled the demise of a strategy that helped drive mergermania in 1995. Not so, observers say.