WASHINGTON

Banks successfully used computerized risk-management models to limit their losses in this week's turbulent stock and bond markets, according to regulators and bankers. Page 3

REGIONAL BANKING

BankBoston is trying to reinvent its consumer image, launching an 18- month reengineering program for its domestic bank unit. Page 4

Wachovia plans to close, sell, or shrink 85 Virginia branches after its deals to acquire two banks in the state are completed this quarter. Page 6

COMMUNITY BANKING

The Independent Bankers Association of America is stepping up its year- old image-building campaign for member banks. Page 7

INVESTMENT PRODUCTS

Taking a different route to Washington from that of brother George, Jonathan Bush has sold his advisory firm to Riggs National. Page 8

BB&T is getting into the proprietary variable annuity business. Page 8

MORTGAGES

Making mortgage loans for more than a home's value may seem like risky business to some, but the phenomenal profit margins of these loans are making the high loan-to-value market difficult to resist. Page 10

CORPORATE FINANCE

Commercial lenders believe they are considerably better equipped to handle an economic downturn now than they were before the last recession, according to a new survey. Page 18

CREDIT/DEBIT/ATMs

Denny D. Dumler of TransAlliance, Bellevue, Wash., can barely contain his enthusiasm for future financial service frontiers. "I don't believe we've ever had a greater opportunity for new and exciting things to happen than we enjoy right now," the ATM pioneer says. Page 20

Honor Technologies is expanding across the country from its Florida base and literally branching out - the electronic banking network is maintaining offices it left in place after acquisitions. Page 21

TECHNOLOGY

Philips Home Services has essentially closed its doors on the major pilot test in Garden City, N.Y., of its advanced screen-telephone technology. Page 22

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