Banks poised for consolidation.
Banks Poised For Consolidation State of the Industry: "Even though 1990 was a poor year for the banking industry, the industry was not as bad off as was commonly perceived. We tracked 245 bank holding companies of which roughly 83% reported profits last year. The net income for those...

The Democrats Bow to the Megabanks.
Never underestimate the ability of Congress to repeat its mistakes. A decade ago, after it gambled and lost on deregulation, Congress was forced to launch a $500 billion taxpayer-financed bailout of the savings and loan industry. Congress has just rolled the deregulation dice again. This time, the outcome may...

BUSINESS BEAT.
Byline: The Register-Guard People Pacific Continental Corp., the bank holding company for Pacific Continental Bank, has announced two executive promotions: Executive Vice President Roger Busse has been named chief operating officer and Senior Vice President Casey Hogan has been named chief credit officer. Busse, who...

Executive moves.
AGL Resources Inc., an Atlanta-based regional holding company for energy and infrastructure-related businesses in the Southeast, has named Gene Rozgonyi vice president and chief risk officer. He will be responsible for measuring and monitoring risk throughout AGL Resources and its subsidiaries, including financial risk, weather risk, and risk related...

OCC adds appraiser independence guidelines to regulations.
As a further step to protect against national bank involvement in predatory, abusive, unfair or deceptive residential mortgage lending practices, the Office of the Comptroller of the Currency issued an appendix to its Interagency Appraisal and Evaluation Guidelines concerning the residential mortgage lending practices of national banks and their...

Wachovia Corporation.
A NEW WAY Building on our assets, our heritage and our expertise, Wachovia has joined forces with First Union to create a great new company; one that places emphasis on opportunity, individual respect, personal integrity, forward thinking, and the value of a diverse workforce. We've constructed a...

New portal solutions offered for bank holding companies, boards of directors.
A corporate portal provider has released two new products: a portal for bank holding companies and their subsidiaries and a portal for bank boards of directors. The products are from Passageways of West Lafayette, Ind., which describes its mission as streamlining and enhancing the internal communications of...

Mega-risk: in the new world of finance, everything is getting bigger - potentially including Americans' tax bill.
In the new world of finance, everything is getting bigger--potentially including Americans' tax bill. The celebrated mega-merger between Citicorp and Travelers will--assuming that Congress and the Federal Reserve approve the merger application--create a mind-boggling $70-billion financial conglomerate that proposes to combine commercial banking (Citibank), investment banking and securities...

BUSINESS BEAT.
Byline: The Register-Guard People The following have been hired by the architecture firm of Rowell Brokaw Architects in Eugene: Dan Pyle as project manager, Barbara Harris as marketing director, and Kaarin Knudson as a designer. Pyle has more than nine years of architectural...

The shaping of a symbol. (Feature).
Earlier this year, the $6.7 billion bank holding company, F.N.B. Corp., Naples, Fla., realized that it needed a consistent new logo to tie together, under a unified brand, its 21 affiliated financial service companies. The following is a study of what the company did and how it did it....