Despite the leeway being promised by the Federal Reserve Board and the Comptroller's Office, many bank lobbyists insist they still want broad legislation to end barriers between financial industries. Page 3

The government asked the Supreme Court to approve occupation-based credit unions serving employees at more than one company. Page 3


Trustmark Corp. of Jackson, Miss., said it has agreed to settle for $8.8 million a class lawsuit by car-loan customers over collateral insurance the bank made them buy. Page 6


A group of shareholders that includes former senior executives of its banks is demanding that Maryland's Mason-Dixon Bancshares consider selling itself. Page 7


J.P. Morgan has opened a representative office in Philadelphia, where it plans to target wealthy individuals. Page 8

David Sanderford, a pioneer of bank insurance sales, is moving to Dallas to lead a small insurance company's sales through banks. Page 9


As bankers continue to wrestle with a new accounting rule that alters the way mortgage servicing rights are valued, they also must contend with an additional provision that fine-tunes the original ruling. Page 10

Charter One Financial withdrew its counteroffer to buy Standard Federal, removing a potential obstacle to Standard Federal's merger pact with ABN Amro North America. Charter One's chairman, Charles John Koch, said the counteroffer was made before his company learned a definitive agreement had been signed. Page 10


Banks will benefit from the Postal Service's growing involvement in electronic commerce, says Robert A. F. Reisner, its vice president of strategic planning. Page 12


CS First Boston and Dresdner Bank are leading a $200 million syndicated loan for Contifinancial Corp., the first such credit for the finance company. Page 17

Goldman Sachs, CS First Boston, and Citicorp have increased their blockbuster loan for Allied Waste Industries by $50 million to $1.275 billion. Page 17


Princor Emerging Growth Fund and Princor Growth Fund suffered damage this year when their investments in health care stocks fell ill.

Luckily, the portfolio manager, Michael R. Hamilton, had inoculated the funds with healthy doses of bank stocks.t here. Page 18

Analysts are warming to Banc One Corp.'s efforts to centralize its operations and boost shareholder value. Back page

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