PAUL D. FIORE of Digital Insight has been working around the clock to put banks and credit unions on the Internet. The company designs Web pages that enable customers to bank on-line. Page 6 WASHINGTON The Supreme Court has put off until next week a decision on whether it will hear a challenge to credit union expansions. Page 2 Comptroller of the Currency Eugene A. Ludwig has come under the scrutiny of a second congressional investigation into alleged campaign finance abuses. Page 3 TECHNOLOGY The banking industry is caught between Washington and Silicon Valley in the debate over encryption technology. Page 6 COMMUNITY BANKING Community First Bankshares of Fargo, N.D., plans to buy the Wyoming subsidiary of Cleveland-based KeyCorp. Page 8 MORTGAGES A report from Merrill Lynch found that although baby boomers are cash-poor, they are house-rich, and will be able to tap the accumulated equity in their homes to meet future cash needs. Page 10 A Partnership's deal to buy Weyerhaeuser Mortgage makes more sense when you realize that one partner's CEO turned down the chance to head BankAmerica's mortgage business. Page 11 CREDIT/DEBIT/ATMs CARD FRONTIERS: Gemplus and Schlumberger gave the smart card industry a big push toward standardization by creating the Java Card Forum. Page 14 CORPORATE FINANCE BankAmerica is intensifying its corporate finance focus on several industry sectors. Page 21 Lenders are bullish on light manufacturing and technology but continue their pullback from the lackluster retail sector. Page 21 MARKET MONITOR as bank share prices continue to soar, some analysts are getting a touch of vertigo. Back page Mercury Finance said it will replace its auditor, KPMG Peat Marwick, with Arthur Andersen. Back page
Save $400 off your subscription. Special offer ends April 30, 2017.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In