WASHINGTON

The banking industry had little chance to celebrate its Supreme Court victory over credit unions, as the battle shifted immediately to Capitol Hill. Page 2

REGIONAL

A California thrift is being sued by a county agency for allegedly cheating an 80-year-old widow out of a large portion of her husband's estate. Page 4

CORPORATE FINANCE

Salomon and Donaldson Lufkin are preparing to sell a two-part $1.5 billion junk bond deal for Fred Meyer, a Portland, Ore., grocery chain. Page 7

MORTGAGES

Economists are beginning to wonder whether the unseasonably mild winter may be inflating the figures for home sales and construction. Page 10

First Alliance says that bureaucratic delays at the OTS cost it a merger. Page 11

CARDS

Citicorp has purchased the electronic benefits transfer business of a competitor, Transactive. Page 12

INVESTMENT PRODUCTS

Glenmede hired the head of private banking at CoreStates Financial Group to run its Princeton, N.J., trust company. Page 18

TECHNOLOGY

Open Solutions is considering going public, though it does not seem to need the money. Page 24

MARKET MONITOR

As Asia woes caused U.S. financial markets to quake, many investors in money-centers dumped shares, but one portfolio manager held on to hers. Page 31

Norwest said it would start setting sales quotas as part of a bankwide effort to step up contact with customers and increase value to investors. Back page

WEEKLY REPORT: SMALL BUSINESS

First Union and SunTrust are offering below-prime-rate financing to small manufacturers in Florida as part of a state program. Page 9

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