WASHINGTON The COMPTROLLER's Office has opened the door for national banks to establish automated teller or loan machines in any state. Page 2 COMMUNITY BANKING An ousted chief executive officer wants to rebuild his power base at the Pennsylvania bank once controlled by his family. Page 8 A California bank shareholder says directors should get stocks only--no cash, no benefits. Page 8 MORTGAGES Big California thrifts are threatening to sue the Federal Housing Finance Board over its decision to let the Home Loan banks hold some home loans. Page 10 Home loans to small-business owners and others who have good credit but lack conventional documentation are attracting Wall Street's eye. Page 10 REGIONAL BANKING Banc One's head of retail banking represents a new breed of bank executive: market savvy, innovative, and definitely not conservative. Page 6 Two longtime executives at Fleet Financial Group are vying for a new position: second-in-command to chairman Terrence Murray. Sources say vice chairmen Robert J. Higgins and H. Jay Sarles are running neck and neck for the job, which the Boston banking company is expected to fill by summer. Page 7 INVESTMENT PRODUCTS INSURANCE: Bank of the West has turned to New England Insurance Co. to sell life insurance in its branches. Page 12 Scudder, Stevens & Clark is going after high-end investors on two different tracks: its own direct sales efforts and through banks and other financial intermediaries. Page 13 CREDIT/DEBIT/ATMs Speakers at the ninth annual Credit Card Forum generally stuck to the basics that made the credit card business profitable in the first place. Page 15 TECHNOLOGY The Java computer language has created a virtual San Andreas fault between its developer, Sun Microsystems, and Hewlett-Packard. Page 16 The remote-banking business is changing fast, but bankers' choices seem less complicated, with rival Internet protocols expected to work together. Page 17 MARKET MONITOR Alex. Brown & Sons' customers are hoping Bankers Trust will let it stay true to its small-company roots. Page 22 Commercial banks are beginning to pose a challenge to investment banking and brokerage firms, Moody's Investors Service says. 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