For an entrepreneur and executive in the fast-paced technology world, Olin Broadway has a rare attribute: a long history. Best known as a founder and former chairman of Broadway & Seymour, Mr. Broadway is now focusing on the needs of community banks and providing them with computer network services. Page 16
WASHINGTON
The OCC took the first step toward preempting a restrictive Rhode Island insurance statute. Page 2
Penalty-free withdrawals from individual retirement accounts would be allowed for first-home purchases and other uses under two new bills. Page 4
REGIONAL BANKING
Environmentalism and banking are rarely discussed in the same sentence, but at BankAmerica, they go hand in hand. Page 6
INVESTMENT PRODUCTS
INSURANCE: Some insurance companies are considering lowering their payout rates in fixed annuities, a move that could hurt sales for bank brokerages that have made the product a staple of their business. Page 7
NationsBank is concentrating on its own region in the fight against the nationally known discount brokerages, such as Charles Schwab & Co. Page 8
COMMUNITY BANKING
Southern California community groups are throwing yet another obstacle into the path of Glendale Federal's acquisition of a small bank in Sherman Oaks. Page 10
MORTGAGES
Last year was a good one for MGIC Investment, the nation's largest mortgage insurer, with earnings that surpassed Wall Street's expectations. Page 12
Banks have emerged as the largest servicers of mortgages, and their appetite for the business shows no signs of abating. Page 13
CREDIT/DEBIT/ATMs
With five fewer shopping days to account for, holiday spending on credit cards in 1996 grew at a slower pace than the previous year. Page 14
A senior member of Visa International's smart card team is crossing over to the competition to join Mondex International, soon to be a MasterCard subsidiary. Page 15
TECHNOLOGY
Informix Software said seven financial services companies recently signed up for its data warehousing technology. Page 18
MARKET MONITOR
First Union shares jumped sharply Monday after the superregional banking company announced a larger-than-expected stock repurchase program. Back page
Trading in Roslyn Bancorp shares enabled some New York depositors to make a quick profit, as the thrift went public amid heavy investor interest. Back page
