ABA Banking Journal ...banking's best read magazine.

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Cover Story

The unbanker
By William Streeter. Norwest marches to a different score, and CEO Richard Kovacevich is the chief composer. While others tout niche banking, he declares his niche to be retail financial services. Merrill Lynch comes closest to what he wants Norwest to be. In a wide-ranging interview, the Norwest chief covers deposit insurance reform, the Internet, and nonbank competition. Already read the interview in print? Read more in the web edition of ABA Banking Journal!

Feature Stories

Data warehousing--without the warehouse
By Orla O'Sullivan. Is there a better way to get a handle on fragmented stores of information besides the much-ballyhooed data warehouse? Electronic Data Systems Corp., Plano, Tex., claims to have a way. To accept its argument puts not just clients--who can wave goodbye to their investments to date--but EDS itself in an awkward position. Whatever the approach, the end result is critical, banks say.

Questions about the "inheritance boom"
By Denise Duclaux. In the recent past, headlines have shouted that the baby boomers are due to inherit a windfall of over $10 trillion. Now some experts say that figure may be unrealistic. They warn that the boomers' parents, currently the wealthiest segment of the American population, should not be forgotten in the race to catch their progeny, the aging boomers.

Departments
	COMMUNITY BANKING - New Subchapter S rules for banks. By Mark R. Baran.
ASSET-LIABILITY MANAGEMENT - Two experts answer the question: Does total return matter if I never sell? By Nicholas Betzold and Richard Berg.
	CARD TRENDS - One smart card roadblock may be merchant--not consumer--acceptance. By Orla O'Sullivan.
TECHNOLOGY TOPICS - ABA reports on how the payments system should stay with banks. By Orla O'Sullivan.

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