WASHINGTON
The Comptroller's Office has sanctioned dispensing public transportation tickets, event tickets, gift certificates, and prepaid phone cards through ATMs. Page 2
The Federal Reserve is first with a plan to drop the capitaln requirement for some loans secured by cash or government securities. Page 2
COMMUNITY BANKING
Illinois savings and loans continue to switch charters more than in any other state, though the trend is slowing. Page 6
Coastal Bancorp is trading its three San Antonio branches to Compass Bancshares for the Alabama bank's branch in Bay City. Page 7
INVESTMENT PRODUCTS
Switzerland's Union Bancaire Privee is the latest foreign bank to enter the U.S. private banking market. Page 8
The Supreme Court's Barnett decision was a sweeping victory for bank insurance powers, writes consultant Michael White, but the new bill offered by Rep. Jim Leach would hamper exercise of this power. Page 8
REGIONAL BANKING
Though it's in the midst of a major cost- cutting effort, Firstar said it plans to invest $20 million by mid-1997 in technology for its lending, trust, and credit card operations. Chairman and chief executive Roger Fitzsimonds said Firstar plans to distinguish itself in fee businesses. Page 4
First Security joined U.S. regional banks expanding into international trade finance by opening a Hong Kong subsidiary. Page 4
COMPLIANCE
Compliance officers said Barefoot, Marrinan would get access to better technology and resources through its sale to KPMG Peat Marwick. Page 10
The purchase of five companies last month wrapped up a two-year shopping spree for CFI Proservices. Page 11
MORTGAGES
Its deal for Prudential Home Loan doubled the amount of mortgage-backed securities administered by a unit of Norwest Corp. Page 13
CREDIT/DEBIT/ATMs
Despite its enormous success, Household International's General Motors MasterCard is only half of a business it has built through portfolio acquisitions and its own card issuance. Page 14
Banks can use smart cards to turn the potentially volatile personal privacy issue to their advantage, legal and marketing experts say. Page 15
TECHNOLOGY
Massachusetts and New York are said to have begun drafting legislation that would require most government payments to be made electronically. Page 16
Wells Fargo said it would pay up to $7 million during the next two years to use relational data base systems from Oracle Corp. Page 16
FINANCE
Mergers appear to have been a factor in the big boost some bank stocks got this week, despite this year's cooling M&A market. Back page
J.P. Morgan and Reuters are joining forces to develop what they call a better risk management tool for investors in derivatives and other financial products. Back page
