AN EXPECTED proposal to overhaul the first-quarter 1997 call report would free up capital but would require banks to provide additional information. Page 2

AT THE REQUEST of the Treasury Department, Jonathan Fiechter will stay on until Oct. 7 as acting director of the Office of Thrift Supervision. Page 2


CHASE MANHATTAN'S global drive into trade finance comes as U.S. banks scramble to meet rising demand for import- and export-related services. Page 4

FIRSTFED FINANCIAL has promoted its president and chief operating officer, Babette E. Heimbuch, to chief executive. Page 6


A GOOD MANAGER listens to the staff, formulates a strategy, and gives employees the means - and the authority - to execute a clearly outlined plan, Anat Bird writes. Page 7


CHASE FINANCIAL and Transamerica Commercial Finance are teaming up to offer financing for manufactured housing to retailers. Page 8

ADJUSTABLE-RATE mortgages are enjoying a return to popularity because of a narrowing gap between short-term and long-term interest rates. Page 8


NATIONSBANK'S planned purchase of Boatmen's would create the country's third-largest bank mutual fund complex. Page 10

DREYFUS was rated best at helping banks sell mutual funds through their retail branches, according to a survey. Page 11


VISA INTERNATIONAL has named Thomas J. Kappock its executive vice president for operations and administration, a key position in its strategic initiatives and processing services group.

Mr. Kappock retired last year as bank of Hawaii vice chairman from the Honolulu bank and has since served as chief financial officer of Washington Mutual Inc. in Seattle. Page 12

CARD FRONTIERS: American Express chose GTE's CyberTrust division to manage its digital certificates for card members and merchants doing business over the Internet. Page 13


FIRST UNION is farming out the processing of its $130 billion corporate trust business to Sungard Shareholder Systems. Page 17

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