Study: Banks boom when they sell insurance
Banks that sold insurance were more profitable than those that didn’t in 2007, according to Bank Insurance Market Research.
Banks that sold insurance were more profitable than those that didn’t in 2007, according to data from the Bank Insurance Market Research Group.
Using call report data from the Federal Deposit Insurance Corp. on 7,787 banks, the research group in Mamaroneck, N.Y., found that the median net inc
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