Ellen S. Seidman is expected to be sworn in by President Clinton as director of the Office of Thrift Supervision. Page 4


Stephen A. Hansel, chief executive officer of New Orleans-based Hibernia, is happy to watch hometown rival First Commerce be swallowed by Banc One: The deal will position Hibernia as one of the last big home-state banks. Page 6


Distressed syndicated bank loans recovered an average of 82% of their value, compared with the 42% average recovery for bonds of the same companies, a study says. Page 9

Underwriters and investors in the burgeoning high-yield bond market are beginning to question how long the boom can last. Page 9


An analysis by Experian suggests mortgage lending is off by about 5% from last year - though others project 1997 as a strong year. Page 10

More private mortgage companies may follow the path of Headlands Mortgage, a California wholesale originator that filed to sell eight million shares last week. Page 11


Chase Manhattan has agreed to run its call centers using Broadway & Seymour's TouchPoint software. Page 14


After a failed bid last spring, Eastern Bancorp., Lynn, Mass., announced a deal to buy Emerald Isle Bancorp for $80 million in cash. Page 16


A senior White House adviser said the federal government no longer intends to strong-arm the private sector into protecting consumers' privacy on-line. Page 22

Amendments to the Fair Credit Reporting Act place greater responsibilities on banks to monitor information they compile on consumers seeking credit, lending experts say. Page 23


Amalgamated Bank of New York is in talks to buy 80% of Los Angeles-based First Trade Union Trust Co. Page 24

Just last year banker Roberto DeGuardiola billed himself as a lone wolf in the world of mutual fund mergers. Last week, however, he decided to help lead the pack at investment bank Putnam, Lovell & Thornton, taking a stake in and co-leadership of the boutique. Page 24


Don't blame the small new companies that in recent years have gone public, gotten hot for a while, and then flamed out for recent market volatility; large-cap stocks are to blame, analysts say. Page 33


Glendale Federal is using an unusual tactic to get entrepreneurs' attention - it's offering free use of a temporary worker to businesses that open credit lines. Page 19

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.