Today's News

WASHINGTON

The FDIC issued a rule that levels the playing field for state-chartered banks seeking to pay interest on demand deposits. Page 2

REGIONAL

BOK Financial would like to pay for acquisitions with its stock, but many bankers find the thinly traded shares unappealing. The Tulsa, Okla., bank is seeking advice from investment bankers on how to generate interest among potential targets. Page 4

COMMUNITY

Two former minority shareholders of Amboy Bancorp in New Jersey have sued, claiming the company forced them to sell their stock for far less than it was worth in a conversion. Page 6

An unsolicited bid for Sandwich Bancorp has touched off a fierce fight for the 112-year-old Massachusetts institution. Page 6

INVESTMENT PRODUCTS

The discount brokerage wars have moved to a new battleground-the United Kingdom. Page 8

As an analyst at Goldman Sachs, Mark Hurley ruffled feathers by telling money managers to get big, get a niche, or get out. Now he is carving his own niche. Page 8

MORTGAGES

Fears about rising prepayment speeds in the home equity lending industry are overblown, according to a report from Salomon Smith Barney. Page 11

CARDS

Heritage Bank of Santa Clara, Calif., is issuing a Visa card that must be applied for over the Internet. Page 12

NYCE has won a contract to process ATM transactions for Marine Midland Bank. Page 13

TECHNOLOGY

Seeking a leadership role in defining biometric identification law, the California Bankers Association is backing a bill to deter high-tech identity theft. Page 14

MARKETS

MBNA shares have surged to record highs, prompting several analysts to review their ratings. Back page

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