THE FIRST NATIONAL BANK OF BOSTON HEARINGS BEFORE THE SUBCOMMITTEE ON FINANCIAL INSTITUTIONS OF THE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS HOUSE OF REPRESENTATIVES NINETY-NINTH CONGRESS FIRST SESSION APRIL 3 AND 4, 1985 Serial No. 99-18 Printed for the use of the Committee on Banking, Finance and Urban Affairs 48-635 O U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1985 HF an 1985 HOUSE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS FERNAND J. ST GERMAIN, Rhode Island, Chairman HENRY B. GONZALEZ, Texas STEPHEN L. NEAL, North Carolina SANDER M. LEVIN, Michigan PAUL E. KANJORSKI, Pennsylvania BART GORDON, Tennessee THOMAS J. MANTON, New York JAIME B. FUSTER, Puerto Rico CHALMERS P. WYLIE, Ohio STEWART B. MCKINNEY, Connecticut NORMAN D. SHUMWAY, California BILL MCCOLLUM, Florida GEORGE C. WORTLEY, New York DOUG BEREUTER, Nebraska THOMAS J. RIDGE, Pennsylvania J. ALEX MCMILLAN, North Carolina WEDNESDAY, APRIL 3, 1985 Brown, William, chairman, Bank of Boston; Daniel M. Dormer, vice president, coin & currency; Stoddard G. Colbert, first vice president, in charge of the Metropolitan Boston Branch System; Richard A. Wiley, executive vice presi- dent; and Robert Stankey, adviser, Office of Enforcement and Operations, Conover, Hon. C.T., Comptroller, Office of the Comptroller of the Currency [OCC), accompanied by Stephen Conners, former Senior National Bank Examiner; Thomas Rollo, Assistant National Bank Examiner; Julie Lin- ville, former National Bank Examiner, Office of the Chief National Bank Examiner; Roy Dunham, former Boston Deputy Regional Administrator; Karen Wilson, former Chief National Bank Examiner; and James E. Tracy, Allison, Theodore E., Staff Director, Office of the Staff Director for Federal Hamill, John P., president, Shawmut Corp., and executive vice president, Shawmut Bank of Boston, N.A.; C. Keefe Hurley, Jr., senior vice president and general counsel, Shawmut Bank of Boston, N.A.; Edwin K. Langdon, Jr., bank examiner, Office of the Comptroller of the Currency; Edward Goldberg, bank examiner, Office of the Comptroller of the Currency; R.M. Gusmini, bank examiner, Office of the Comptroller of the Currency; Gregg Ziegler, bank examiner, Office of the Comptroller of the Currency; and Robert Stankey, adviser, Office of Enforcement and Operations, Depart- 250 545 Brown, William L.: Prepared statement on behalf of the Bank of Boston. 257 "Agreements and Recommendations of the Attorney General's Bank 446 List of formal training courses Thomas E. Rollo, Assistant National Bank 475 (III) |