11.   First Union Corp. said it created a group to focus on building its institutional money management business.

12.   Frank Russell wears two hats in the money business, as a leading consultant to companies seeking investment managers and as actual conduits of money up for management.

13.   He said he also plans to work as a consultant on mergers and acquisitions in the money management business.

14.   He says there was no intention to integrate the institutional money management businesses into Mellon.

15.   His sons, who are in the money management business with him, were not.

16.   However, his results suggest that state taxes do not have much effect on how much money businesses pump into the economy.

17.   In Boston, Mohamed M. Hussein and Liban M. Hussein were charged with running an illegal money transmitting business.

18.   In his case, Pryor said that his firm would emphasize its money management business, which has suffered some rocky patches, to offset the downturn.

19.   Investors looking to ride the wave of mergers sweeping the money management business can look forward to getting a new vehicle this week.

20.   It now seems to be taking a similar approach to the securities and money management businesses.